Press Release Forum [pressreleaseforum.com] Forum Index

Press Release Forum [pressreleaseforum.com]
Free Press Release Distribution

A site of EPR Network

 FAQFAQ   SearchSearch   MemberlistMemberlist   UsergroupsUsergroups   RegisterRegister 
 ProfileProfile   Log in to check your private messagesLog in to check your private messages   Log inLog in 

Real Time Press Release Distribution is here. Try it out, it's free!

 

The Law Firm of Levi & Korsinsky, LLP Launches

 
Post new topic   Reply to topic    Press Release Forum [pressreleaseforum.com] Forum Index -> Law Press Releases
View previous topic :: View next topic  
Author Message
associate1



Joined: 25 Sep 2007
Posts: 2366

PostPosted: Thu Mar 17, 2011 8:25 am    Post subject: The Law Firm of Levi & Korsinsky, LLP Launches Reply with quote

Levi & Korsinsky is investigating the Board of Directors of China Security & Surveillance Technology, Inc. (“CSST” or the “Company”) (NYSE: CSR) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a merger proposal from the Chairman of the Board of Directors, Guoshen Tu.

New York, NY, March 17, 2011 -- Levi & Korsinsky is investigating the Board of Directors of China Security & Surveillance Technology, Inc. (“CSST” or the “Company”) (NYSE: CSR) for possible breaches of fiduciary duty and other violations of state law in connection with the receipt of a merger proposal from the Chairman of the Board of Directors, Guoshen Tu. Under the terms of the transaction, Tu would acquire all the outstanding shares of CSST stock that he does not currently own at a price of $6.50 in cash per share. The Board of Directors has formed a special committee to consider the proposal.

Click here to learn more about the investigation: http://www.zlk.com/china-security-surveillance-csr.html, or call: 877-363-5972.

The investigation concerns whether the CSST Board of Directors is adequately shopping the Company and working to obtain the best price for CSST shareholders. In particular, at least one analyst set a price target of $8.60 per share of CSST stock.

If you own common stock in CSST and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/china-security-surveillance-csr.html

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Broad Street - 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com

Contact:
Joanna Chlebus
Levi & Korsinsky, LLP
30 Broad St, 15th Floor
New York, NY 10004
212-363-7500
jchlebus@zlk.com
http://www.zlk.com
Back to top
View user's profile Send private message Send e-mail Visit poster's website
Display posts from previous:   
Post new topic   Reply to topic    Press Release Forum [pressreleaseforum.com] Forum Index -> Law Press Releases All times are GMT - 4 Hours
Page 1 of 1

 
Jump to:  
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum

Submit Press Release (Free)Submit Press Release