SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Filing of Class Action Against Schuff International, Inc. & It...
08 November 2014 - 3:20AM
Business Wire
Levi & Korsinsky announces that the firm has filed a lawsuit
on behalf of shareholders of Schuff International, Inc. (“Schuff”)
(OTC:SHFK). The lawsuit challenges the merger of Schuff with and
into HC2 Holdings, Inc., alleging that the deal undervalues Schuff
stock, which has recently traded above the offer price of $31.50
per share.
For more information, click here:
http://zlk.9nl.com/schuff-international-shfk/.
On August 20, 2014, Schuff and its corporate parent and
controlling shareholder HC2 Holdings, Inc. announced that HC2 would
acquire all remaining shares of Schuff for $31.50 in cash per
share. HC2 is run by Philip Falcone, an investor who was last year
accused by the SEC of manipulating the stock market, and was banned
from the securities industry for five years.
If you own shares of Schuff and wish to participate in the
action or obtain additional information, 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://zlk.9nl.com/schuff-international-shfk/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq. / Eduard Korsinsky,
Esq.Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (866)
367-6510www.zlk.com
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