Archive for January, 2015

Books-A-Million Shareholder Alert: Investors encouraged to contact law firm

Books-A-Million Shareholder Alert – National Securities Law Firm Seeks Higher Price For Shareholders In Connection With Potential Acquisition. Encourages Shareholders To Contact Law Firm For More Information

January 30, 2015
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential acquisition of Books-A-Million, Inc. (NASDAQ: “BAMM”) (“Books-A-Million” or the “Company”) on behalf of its’ shareholders. Clybe B. Anderson, Executive Chairman of the Company, on behalf of the Anderson Family, which owns or controls 58.2% of the Company’s outstanding stock, announced that it is seeking to acquire the remaining shares of Books-A-Million common stock that it does not already own for only $2.75 per share.

Our investigation has revealed that the offer price of only $2.75 per share unfairly under-values the true going forward inherent value of the Company and that shareholders are not receiving the maximum value for their shares. Indeed, among other things, the Company’s book value is $6.60 per share, an analyst has projected the stock is worth at least $12 per share, and the stock has traded at the buyout price within the past year ($2.75 per share), negating any premium that is being offered.

If you are a shareholder of Books-A-Million and would like additional information as to how the acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

Coinbase, Inc. – Investigation of Licensure of Coinbase’s Bitcoin Exchange

Coinbase, Inc. – National Securities Law Firm Investigates Licensure Of Coinbase’s Bitcoin Exchange

January 29, 2015
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating Coinbase, Inc. for allegedly making false and misleading statements to prospective and current users of Coinbase’s Bitcoin Exchange regarding its business.

On January 26, 2015, Coinbase announced that it launched the first regulated Bitcoin Exchange in the United States, and that it is licensed to do business in 25 states, including New York and California. Coinbase’s statement may have artificially inflated the price of Bitcoins as the cybercurrency rose to $263. However, it was later revealed by New York’s Department of Financial Services and California’s Department of Business Oversight that Coinbase did not have the licenses necessary to operate as a Bitcoin Exchange in New York or California. Following this announcement, the price of a Bitcoin fell to $233.

If you are a user of Coinbase’s Bitcoin Exchange and have information that may be helpful to our investigation or would like additional information regarding this investigation, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

Buyout Of Silicon Image, Inc. – Investors encouraged to contact law firm

Buyout Of Silicon Image, Inc. – National Securities Law Firm Seeks Higher Price For Shareholders. Encourages Shareholders To Contact Law Firm For More Information

January 27, 2015
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the acquisition of Silicon Image, Inc. (NASDAQ: SIMG) (“Silicon Image”) on behalf of its’ shareholders. Lattice Semiconductor Corporation and Silicon Image announced that they have entered into a definitive agreement under which Lattice will acquire Silicon Image for $7.30 per share in cash.

Our investigation has revealed that the offer price of only $7.30 per share unfairly under values the true going forward inherent value of Silicon Image and that shareholders are not receiving the maximum value for their shares. Indeed, among other things, Silicon Image has over $148 million of cash or $1.91 per share and no long term debt, an analyst has projected the stock is worth at least $8 per share, and the stock has traded above the buyout price within the past month ($7.33 per share), negating any premium that is being offered.

If you are a shareholder of Silicon Image and would like additional information as to how the acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

Buyout Of JPS Industries, Inc. – Investors encouraged to contact law firm

Buyout Of JPS Industries, Inc. – National Securities Law Firm Seeks Higher Price For Shareholders. Encourages Shareholders To Contact Law Firm For More Information

January 26, 2015
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the proposed acquisition of JPS Industries, Inc. (OTC: JPST) (“JPS” or the “Company”) on behalf of its’ shareholders. Handy & Harman Ltd. (“HNH”) announced that it intends to commence a tender offer to purchase up to 96.5% of the outstanding shares of common stock of JPS at a price of $10.00 per share in cash from all stockholders other than SPH Group Holdings LLC (“SPHG”), which already currently owns 38.7% of the outstanding shares of JPS.

Our investigation concerns whether HNH and SPHG are acting in concert and using their power as a significant shareholder as well as having seats on the board of directors of the Company to acquire JPS for an unfairly low price through an unfair process. Indeed, the Special Committee of the Board of Directors of JPS has announced that JPS is worth at least $13 per share and that HNH and SPHG are trying to hide that information as well as prevent the Company from issuing its financials and will seek to remove those members of the Board that do not agree to sell the Company for the low price of $10 per share.

If you are a shareholder of JPS and would like additional information as to how the proposed acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

Investigating the Board of Directors of Caesars Acquisition Co.

Caesars Acquisition Co. Shareholder Alert – Investigating the Board of Directors of Caesars Acquisition Co.

January 6, 2015
New York, New York

Tripp Levy PLLC, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Caesars Acquisition Co. (“CAC” or the “Company”) (Nasdaq: CACQ) for potential breaches of fiduciary duties in connection with the sale of the Company to Caesars Entertainment Corp. (“Caesars Entertainment”) (Nasdaq: CZR) in all-stock transaction. The Company’s stockholders will only receive 0.664 shares for each share of CAC common stock they own.

The investigation focuses on whether CAC’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of CAC’s shareholders.

If you own common stock in CAC and wish to obtain additional information, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliate, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. The National Law Journal has named Milberg one of the “50 Elite Trial Lawyer Firms” and one of the “50 Leading Plaintiff Firms in America.” Attorney advertising. Prior results do not indicate a similar outcome.

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