Archive for February, 2015

Essex Rental Alert – Investors encouraged to contact law firm

ESSEX RENTAL ALERT: National Securities Law Firm Announces Investigation of Potential Accounting Irregularities. Encourages Investors With Significant Losses to Contact Law Firm for More Information

February 27, 2015
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating Essex Rental Corp. (“Essex” or the “Company”) (“NASDAQ: ESSX”) in connection with potential accounting irregularities by the Company.

On February 26, 2015, Essex announced that its fourth quarter and year-end 2014 operating results and related management conference call and webcast are being rescheduled in order to allow Essex time to evaluate the classification of its revolving credit facilities as current liabilities or long-term obligations. Essex stated that any change in classification of the revolving credit facilities would likely result in a restatement of prior period balance sheets.

On this news, shares of Essex fell from $1.35 per share to $0.75 per share or more than 80%.

If you purchased shares of Essex and have suffered a significant loss from your investment in Essex common stock and would like to learn more about this lawsuit and your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC is a leading national securities and shareholder rights law firm representing both individual and institutional shareholders and, along with its affiliate, have recovered billions of dollars for shareholders. Tripp Levy PLLC is affiliated with 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

Emulex Shareholder Alert – Investors encouraged to contact law firm

Emulex Shareholder Alert – National Securities Law Firm Seeks Higher Price For Shareholders In Connection With Acquisition. Encourages Shareholders To Contact Law Firm For More Information

February 26, 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 Emulex Corporation (NYSE: “ELX”) (“Emulex” or the “Company”) on behalf of its’ shareholders. Avago Technologies Limited and Emulex have entered into an agreement under which Avago will acquire Emulex for $8 per share in cash.

Our investigation has determined that the offer price of only $8 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, only a few years ago, Broadcom Corp. offered to acquire Emulex for $11 per share, and the transaction is expected to be immediately accretive to Avago’s non-GAAP earnings per share. The investigation further seeks to determine whether senior management of Emulex are acting in their own self-interests at the expense of shareholders. In fact, senior members of Emulex management have agreed to tender their shares in support of the transaction.

If you are a shareholder of Emulex 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 in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities 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.

SFX Entertainment Shareholder Alert – Investors encouraged to contact law firm

SFX Entertainment Shareholder Alert – National Securities Law Firm Seeks Higher Price For Shareholders In Connection With Proposed Acquisition. Encourages Shareholders To Contact Law Firm For More Information

February 25, 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 SFX Entertainment Inc. (NASDAQ: “SFXE”) (“SFX” or the “Company”) on behalf of its’ shareholders. Robert F.X. Sillerman, Chief Executive Officer and Chairman of the Board of Directors of SFX has proposed to acquire all the outstanding shares of SFX that he does not already own for only $4.75 per share in cash.

Our investigation has determined that the offer price of only $4.75 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, analysts have projected the Company is worth at least $12 per share, the stock has traded as high as $9 per share within the past year, and the Company’s book value is over $3 per share. Our investigation further seeks to determine whether Mr. Sillerman is acting for his own personal self-interests at the expense of the Company’s shareholders.

If you are a shareholder of SFX 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 in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities 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.

Former Major League Baseball Players Who Suffered From Injuries are Encouraged to Contact National Law Firm

Former Major League Baseball Players Who Suffered From Concussions And Head Trauma Are Encouraged To Contact National Law Firm For More Information

February 23, 2015
New York, New York

Tripp Levy PLLC, a leading consumer rights law firm, announces that it is investigating complaints by former professional Major League Baseball players that suffered terrible and debilitating injuries due to repetitive head traumas during their careers in Major League Baseball. The injuries include concussions and repeated head impacts, traumatic brain injuries, and latent neurodegenerative disorders and diseases.

Our investigation has determined that the offer price of only $60.50 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, analysts have projected the Company is worth at least $62 per share.

If you are a former Major League Baseball player and suffered injuries from head traumas and would like additional information regarding this matter, at no cost or expense, please contact us toll free at 1-800-511-7037 or contact us via our website.

Tripp Levy PLLC represents individuals in consumer actions and, along with its affiliate, has recovered billions of dollars for individuals. 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.

Polypore Shareholder Alert – Investors encouraged to contact law firm

Polypore Shareholder Alert – National Securities Law Firm Seeks Higher Price For Shareholders In Connection With Acquisition. Encourages Shareholders To Contact Law Firm For More Information

February 23, 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 Polypore International, Inc. (NYSE: PPO) (“Polypore” or the “Company”) on behalf of its’ shareholders. Polypore announced that it has entered into a definitive agreement with Asahi Kasei Corp. (“Asahi”) under which Asahi will acquire all of the outstanding shares of Polypore common stock for $60.50 per share. Polypore also announced that it will sell its Separations Media segment to 3M Company for $1 billion.

Our investigation has determined that the offer price of only $60.50 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, analysts have projected the Company is worth at least $62 per share.

If you are a shareholder of Polypore 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 in mergers and acquisitions transactions and, along with its affiliate, has recovered billions of dollars for shareholders in securities 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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