Press release
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of EMS
Levi & Korsinsky is investigating the Board of Directors of Emergency Medical Services (“EMS” or the “Company”) (NYSE: EMS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Clayton, Dubilier & Rice, LLC a private equity investment firm.New York, NY, February 15, 2011-- Levi & Korsinsky is investigating the Board of Directors of Emergency Medical Services (“EMS” or the “Company”) (NYSE: EMS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Clayton, Dubilier & Rice, LLC a private equity investment firm. Under the terms of the transaction, EMS shareholders will receive $64 in cash per EMS share they own for a total transaction value of approximately $3.0 billion.
Click here to learn how to join the action: http://www.zlk.com/emergency-medical-ems.html, or call: 877-363-5972.
The investigation concerns whether the EMS Board of Directors breached their fiduciary duties to EMS stockholders by failing to adequately shop the Company before entering into this transaction and whether Clayton, Dubilier & Rice is underpaying for EMS shares, thus unlawfully harming EMS stockholders. In particular, EMS stock traded as high as $70.94 as recently as February 10, 2011 and at least one analyst set a price target of $76 per share of EMS stock.
If you own common stock in EMS 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/emergency-medical-ems.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:
Joseph Levi
Levi & Korsinsky, LLP
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
jlevi@zlk.com
http://www.zlk.com
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:
Joseph Levi
Levi & Korsinsky, LLP
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
jlevi@zlk.com
http://www.zlk.com
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