Archive for February, 2016

Federal-Mogul Holdings Corporation Alert – Shareholders encouraged to contact law firm

BUYOUT ALERT – National Securities Law Firm Seeks Higher Price for Federal-Mogul Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information

February 29, 2016
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Federal-Mogul Holdings Corporation (NASDAQ: FDML) (“Federal-Mogul” or the “Company”) on behalf of its shareholders. Federal-Mogul announced that it has received a proposal from its majority shareholder, Icahn Enterprises L.P. (“IEP”), to purchase the shares of Federal-Mogul common stock not owned by IEP in a merger transaction pursuant to which the Federal-Mogul shareholders would receive $7 in cash for each of their Federal-Mogul shares. IEP owns approximately 82.0% of the outstanding shares of common stock of Federal-Mogul.

Our investigation has determined that the offer price of only $7 per share, unfairly under-values the true going forward inherent value of Federal-Mogul and that shareholders may not be receiving the maximum value for their shares. Indeed, at least one analyst projects that the true going forward inherent value of the stock is worth at least $9 per share, and the stock hit a high of $13.90 within the past year. The investigation further seeks to determine whether Federal-Mogul is entering into this deal for its own self-interests to the detriment of the Company’s shareholders.

If you are a shareholder of Federal-Mogul 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 or go to Participate in an Action.

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

Attorney advertising. Prior results do not indicate a similar outcome.

Apollo Residential Mortgage Alert – Shareholders encouraged to contact law firm

BUYOUT ALERT – National Securities Law Firm Seeks Higher Price for Apollo Residential Mortgage Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information

February 26, 2016
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Apollo Residential Mortgage, Inc. (NYSE: AMTG) (“AMTG” or the “Company”) on behalf of its shareholders. Apollo Commercial Real Estate Finance, Inc. (“ARI”) and AMTG announced that ARI will acquire AMTG for approximately 0.417 ARI shares of common stock per AMTG share of common stock and approximately $7.53 per share in cash, which would value AMTG at approximately $14.59 per share.

Our investigation has determined that the offer price of only $14.59 per share, unfairly under-values the true going forward inherent value of AMTG and that shareholders are not receiving the maximum value for their shares. Indeed, at least one analyst projects that the true going forward inherent value of the stock is worth at least $17.25 per share, the book value per share of the Company is worth over $22.50 per share, and the stock hit a high of $16.50 within the past year. The investigation further seeks to determine whether ARI is entering into this deal for its own self-interests to the detriment of the Company’s shareholders.

If you are a shareholder of AMTG 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 or go to Participate in an Action.

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

Attorney advertising. Prior results do not indicate a similar outcome.

G. Willi-Food Alert – Shareholders encouraged to contact law firm

G. Willi-Food ALERT: National Securities Law Firm Announces Investigation of Potential Securities Claims, and Encourages Investors with Losses to Contact Law Firm for More Information

February 19, 2016
New York, New York

Tripp Levy PLLC, a leading national securities law firm, announces that it is investigating potential securities claims on behalf of investors of G. Willi-Food International Ltd. (NASDAQ: WILC) (“G. Willi” or the “Company”) resulting from allegations that G. Willi may have issued materially misleading business information to the investing public.

On February 18, 2016, it was announced that as a result of suspicions of certain breaches of Israeli securities laws and criminal offenses, the Israel Securities Authority (“ISA”) initiated an investigation of G. Willi. The ISA conducted a search on February 17, 2016 at the offices of the Company, and the offices of its Parent Company, Willi-Food Investments Ltd., BSD Crown Ltd., and B.G.I Investments (1961) Ltd. (the “Group”), during which certain computers and other materials were seized by the ISA. Similarly, a number of officers and directors within the Group are being questioned by the ISA, and the chairman of our board of directors and the indirect controlling shareholder of the Group, Mr. Gregory Gurtovoy, has been detained.

On this news, G. Willi-Food stock fell $0.20, or 5.06%, to close at $3.75 on February 18, 2016. NASDAQ has since halted the stock.

If you purchased shares of G. Willi and have suffered a loss from your investment in G. Willi common stock and would like to learn more information about this investigation, including your ability to potentially recover your losses, please contact us toll free at 1-800-511-7037 or contact us via our website or go to Participate in an Action.

Tripp Levy PLLC represents individuals and institutional shareholders in shareholder transactions and has assisted in the recovery of millions of dollars for shareholders in securities actions around the globe.

Attorney advertising. Prior results do not indicate a similar outcome.

Apollo Education Alert – Shareholders encouraged to contact law firm

BUYOUT ALERT – National Securities Law Firm Seeks Higher Price for Apollo Education Shareholders in Connection with Proposed Buyout, and Encourages Shareholders to Contact Law Firm for More Information

February 8, 2016
New York, New York

Tripp Levy PLLC, a leading national securities and shareholder rights law firm, announces that it is investigating the potential sale of Apollo Education Group Inc. (NASDAQ: APOL) (“Apollo Education” or the “Company”) on behalf of its shareholders. Apollo Education announced it has entered into a definitive agreement to be acquired by a consortium of investors including The Vistria Group, LLC, funds affiliated with Apollo Global Management, LLC, and Najafi Companies for $9.50 per share in cash for both Class A and B shares.

Our investigation has determined that the offer price of only $9.50 per share, unfairly under-values the true going forward inherent value of Apollo Education and that shareholders are not receiving the maximum value for their shares. Indeed, at least one analyst projects that the true going forward inherent value of the stock is worth at least $10 per share, the book value per share of the Company is worth over $10 per share, and the stock hit a high of $28.50 within the past year. The investigation further seeks to determine whether Apollo is entering into this deal for its own self-interests to the detriment of the Company’s shareholders.

If you are a shareholder of Apollo Education 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 or go to Participate in an Action.

Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.

Attorney advertising. Prior results do not indicate a similar outcome.

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