Press release
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of NHP
Levi & Korsinsky is investigating the Board of Directors of Nationwide Health Properties (“NHP” or the “Company”) (NYSE: NHP) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Ventas, Inc.New York, NY, March 01, 2011 -- Levi & Korsinsky is investigating the Board of Directors of Nationwide Health Properties (“NHP” or the “Company”) (NYSE: NHP) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Ventas, Inc. (“Ventas”) (NYSE: VTR). Under the terms of the agreement, NHP stockholders will receive 0.7866 Ventas shares for each share of NHP common stock they own, representing a value of $44.99 per share, based on the prior closing price of Ventas stock. The transaction has a total value of $7.4 billion.
Click here to learn more about the investigation: http://www.zlk.com/nationwide-health-nhp.html, or call: 877-363-5972.
The investigation concerns whether the NHP Board of Directors breached their fiduciary duties to NHP stockholders by failing to adequately shop the Company before entering into this transaction and whether Ventas is underpaying for NHP shares, thus unlawfully harming NHP stockholders.
If you own common stock in NHP 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/nationwide-health-nhp.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
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.
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
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of NHP here
News-ID: 164502 • Views: …
More Releases from Levi & Korsinsky, LLP
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Se …
Levi & Korsinsky is investigating potential claims on behalf of purchasers of the securities of China Automotive Systems, Inc. (“China Automotive” or the “Company”) (Nasdaq: CAAS) concerning possible violations of federal securities laws.
New York, NY, March 24, 2011 -- Levi & Korsinsky is investigating potential claims on behalf of purchasers of the securities of China Automotive Systems, Inc. (“China Automotive” or the “Company”) (Nasdaq: CAAS) concerning possible violations of federal…
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Vi …
Levi & Korsinsky, LLP is investigating TETRA Technologies, Inc. (NYSE: TTI), and its Board of Directors, for possible violations of federal securities laws in connection with the upcoming May 3, 2011 shareholder vote.
New York, NY, March 23, 2011 -- Levi & Korsinsky, LLP is investigating TETRA Technologies, Inc. (NYSE: TTI), and its Board of Directors, for possible violations of federal securities laws in connection with the upcoming May 3, 2011…
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Vi …
Levi & Korsinsky, LLP is investigating Cincinnati Financial Corporation (“Cincinnati Financial” or the “Company”) (NASDAQ: CINF), and its Board of Directors, for possible violations of federal securities laws in connection with the upcoming April 30, 2011 shareholder vote.
New York, NY, March 22, 2011 -- Levi & Korsinsky, LLP is investigating Cincinnati Financial Corporation (“Cincinnati Financial” or the “Company”) (NASDAQ: CINF), and its Board of Directors, for possible violations of federal…
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Se …
Levi & Korsinsky is investigating potential claims on behalf of purchasers of the securities of Kid Brands, Inc. (NYSE: KID) concerning possible violations of federal securities laws.
New York, NY, March 22, 2011 -- Levi & Korsinsky is investigating potential claims on behalf of purchasers of the securities of Kid Brands, Inc. (NYSE: KID) concerning possible violations of federal securities laws.
On March 15, 2011, Kid Brands announced it would delay the…
More Releases for NHP
Distribution Panel Market Size, Potential Scope 2031 By Key Players- Legrand, Ea …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Research analysis, the global Distribution Panel Market size was valued at USD 6.29 Billion in 2024 and is projected to reach USD 10.15 Billion by 2031, growing at a CAGR of 6.17% from 2024 to 2031.
The distribution panel market presents numerous opportunities driven by the increasing demand for electricity, rapid industrialization, and the expansion of renewable energy projects. As the global population grows…
Creative Biolabs Extends the Range of NHP Bioproducts Within Its Biobank
Last month, Creative Biolabs reorganized its existing resources and updated its non-human primate (NHP) biological products platform, which was officially launched just last week.
New York, USA - April 16, 2024 - "We provide a comprehensive update of the classification of NHP species and bioproducts on the platform to provide researchers with clear solutions," according to a scientist from the NHP Biobank Department at Creative Biolabs.
Image: https://www.getnews.info/uploads/0c59d26f78bf6dd58aafee5bc68d7d8c.jpg
Creative Biolabs stands as a…
Metal Machine Safety Fences market: Factors Benefitting Emergence of New Entrant …
"
The global Metal Machine Safety Fences Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Metal Machine Safety Fences Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and…
Machine Safety Fences market: New Prospects to Emerge by 2028 | Satech, Modern M …
"
The global Machine Safety Fences Market is carefully researched in the report while largely concentrating on top players and their business tactics, geographical expansion, market segments, competitive landscape, manufacturing, and pricing and cost structures. Each section of the research study is specially prepared to explore key aspects of the global Machine Safety Fences Market. For instance, the market dynamics section digs deep into the drivers, restraints, trends, and opportunities of…
Global and United States Advanced Harmonic Filters Market to Witness Huge Growth …
The Advanced Harmonic Filters report compiles the market information depending upon market development and growth factors, optimizing the growth path. In addition, it highlights the strategies and market share of the leading vendors in the particular market. The report follows a robust research methodology model that helps to make informed decisions. It obtains both qualitative and quantitative market information supported by primary research.
The Advanced Harmonic Filters research report recognizes and…
Panelboards Market 2022 Demand and Business Outlook- Eaton, ABB, Siemens, GE, Sc …
The report presents an in-depth assessment of the Panelboards Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for Panelboards investments from 2020 till 2026.
Panelboards market size exceeded USD 5 billion in 2020 and is set to register over 6% CAGR between 2021 and 2027.
Click the link to get…