Significant Recoveries

Tripp Levy PLLC has worked with several law firms over the years which resulted in an increase in the price of the company’s stock when it is being involved in an acquisition.  Among other significant improvements include the following:

  • The improvement of  an additional $12 million as a special dividend to BMC shareholders.
  • A 40 cent increase in the buyout of Energy Solutions
  • An additional $24 million as a special dividend to  CapitalSource shareholders.
  • Student Learning, where its 80% owner, Citigroup, acquired the company, and there was obtained an additional $2.50 per share dividend for each Student Learning shareholder.
  • Santander Bancorp, where its parent company owned over 90% of its stock and offered shareholders $12.25 per share and there was obtained $12.70 per share.
  • CKE restaurants where shareholders were to receive $11.05 but they obtained $12.55.
  • OpenTV where (CEO bought the company and owned a controlling amount) and shareholders were to receive $1.35 and they obtained $1.55
  • Alfa Corp. (with 58%) buying the remaining shares of its subsidiary for $17.60 and shareholders obtained $22
  • Nationwide (with 66%) buying out the remaining shares of its subsidiary for $47.20 and shareholders obtained $52.25.
  • Playboy where shareholders were supposed for receive $6.15 and instead they obtained $6.38
  • William Lyons Homes where shareholders were supposed to receive $93 and instead obtained $100
  • Brooklyn Federal Bancorp where shareholders were to receive $0.80 and instead obtained $0.87

 


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