Shareholder Class Action Lawsuit Filed Seeking More Money, Information for Archipelago Learning Stockholders, Announces Goldf...
13 March 2012 - 7:36AM
Marketwired
Securities lawyers at Goldfarb LLP announced a class action was
filed against officers and directors of Archipelago Learning
(NASDAQ: ARCL) for violating shareholder protection laws by
agreeing to a buyout for $11.10 per share. Concerned Archipelago
Learning investors are encouraged to contact attorney Hamilton
Lindley at 877-583-2855 or hlindley@goldfarbllp.com about their
rights and remedies.
"The buyout price is lower than the average premium for the
industry and only a 12 percent premium over the company's stock
price over the last 20 days," said Hamilton Lindley. "Our
shareholder lawsuit seeks to ensure the highest price reasonably
available and the most information is disclosed to stockholders of
the company."
Goldfarb LLP lawyers have significant experience representing
shareholders and whistleblowers in securities lawsuits nationwide.
Archipelago Learning stockholders -- or anyone with knowledge about
this situation -- should contact lawyer Hamilton Lindley at
hlindley@goldfarbllp.com or 877-583-2855 with questions or
concerns.
Hamilton Lindley Goldfarb LLP 2501 N. Harwood, Ste. 1801 Dallas,
TX 75201 (877) 583-2855 Toll Free Telephone (214) 583-2233 Local
Phone Number (214) 583-2234 Fax Number www.goldfarbllp.com
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