News & Events

Baltic Trading Shareholder Alert – Investors encouraged to contact law firm

BALTIC TRADING SHAREHOLDER ALERT – National Securities Law Firm Seeks Higher Price for Baltic Shareholders in Connection with its Acquisition. Encourages Shareholders to Contact Law Firm for More Information

April 10, 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 Baltic Trading Ltd. (NYSE: BALT) (“Balt” or the “Company”) on behalf of its shareholders. Baltic announced that it is being acquired by Genco Shipping & Trading Ltd. in a stock-for-stock transaction. Baltic shareholders are to receive only 0.216 shares of Genco common stock for each share of Baltic common stock they own. The proposed transaction is valued at only $1.69 per share.

Our investigation has determined that the offer price of only $1.69 per share unfairly under-values the true going forward inherent value of Baltic and that shareholders are not receiving the maximum value for their shares. Indeed, among other things, the book value per share of the Company is $6.44 per share, an analyst has projected that the price of the stock is worth at least $4 per share, and the stock recently traded at $7.02 per share within the past year. The investigation further seeks to determine whether the senior management of Baltic are entering into this deal for their own self-interests to the detriment of the Company’s shareholders. Indeed, Baltic is currently controlled by Genco and the boards of directors of both companies are headed by the same individual.

If you are a shareholder of Baltic 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.

Zep Shareholder Alert – Investors encouraged to contact law firm

Zep Shareholder Alert – National Securities Law Firm Seeks Higher Price for Shareholders in Connection with Acquisition. Encourages Shareholders to Contact Law Firm for More Information

April 8, 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 Zep Inc. (NYSE: “ZEP”) (“Zep” or the “Company”) on behalf of its shareholders. Zep and New Mountain Capital announced that they have entered into a definitive merger agreement under which New Mountain Capital will acquire all outstanding shares of Zep common stock for $20.05 per share in cash.

Our investigation has determined that the offer price of only $20.05 per share unfairly under-values the true going forward inherent value of Zep and that shareholders are not receiving the maximum value for their shares. Indeed, among other things, analysts have projected that Zep’s stock is worth at least $21 per share. In addition, the Company announced today improved financial results for its fiscal second quarter 2015. The investigation further seeks to determine whether senior management of Zep are acting in their own self-interests at the expense of shareholders.

If you are a shareholder of Zep 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.

AudioEye Alert – Investors encouraged to contact law firm

AUDIOEYE ALERT: National Securities Law Firm Announces Investigation in Connection with Potential Accounting Irregularities. Encourages Investors With Losses to Contact Law Firm for More Information

April 1, 2015
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 AudioEye, Inc. (OTC: AEYE) resulting from allegations that AudioEye may have issued materially misleading business information to the investing public.

On April 1, 2015, AudioEye announced that its previously issued financial statements for the quarters ended March 31, June 30 and September 30, 2014 will be restated due to errors. Furthermore, AudioEye stated that its preliminary earnings release issued by the Company on January 12, 2015 relating to the quarter and year ended December 31, 2014 should no longer be relied upon. The Company also announced that, Edward O’Donnell, resigned as the Company’s Chief Financial Officer.

As a result of this announcement, the Company’s stock has fallen 22% during intraday trading on April 1, 2015.

If you purchased shares of AudioEye and have suffered a loss from your investment in AudioEye common stock and would like to learn more 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.

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

Excel Trust Shareholder Alert – Investors encouraged to contact law firm

EXCEL TRUST SHAREHOLDER ALERT – National Securities Law Firm Seeks Higher Price for Excel Trust Shareholders in Connection with its Acquisition. Encourages Shareholders to Contact Law Firm for More Information

March 16, 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 Excel Trust, Inc. (NYSE: “EXL”) (“Excel” or the “Company”) on behalf of its shareholders. Excel announced that it has entered into a definitive agreement with Blackstone Property Partners L.P., under which Blackstone will acquire all outstanding shares of common stock of Excel for $15.85 per share.

Our investigation has determined that the offer price of only $15.85 per share unfairly under-values the true going forward inherent value of Excel and that shareholders are not receiving the maximum value for their shares. Indeed, among other things, an analyst has projected that Excel’s stock is worth at least $16 per share. The investigation further seeks to determine whether senior management of Excel are acting in their own self-interests at the expense of shareholders.

If you are a shareholder of Excel 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.

Life Time Fitness Shareholder Alert – Investors encouraged to contact law firm

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

March 16, 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 Life Time Fitness, Inc. (NYSE: “LTM”) (“Life Time” or the “Company”) on behalf of its shareholders. Leonard Green & Partners and TPG announced that they, along with LNK Partners and Life Time Chairman, President and Chief Executive Officer, Bahram Akradi, will acquire the remaining shares of Life Time common stock that they do not already own for only $72.10 per share in cash.

Our investigation seeks to determine whether the offer price of only $72.10 per share unfairly under-values the true going forward inherent value of the Company and whether shareholders are not receiving the maximum value for their shares. The investigation further seeks to determine whether senior management of Life Time, in particular, Bahram Akradi, are acting in their own self-interests at the expense of shareholders. Akradi, who will remain in his role as Chairman, President and CEO, has committed to make a rollover investment of $125 million in Life Time.

If you are a shareholder of Life Time 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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