NEW YORK, Feb. 16, 2016 /PRNewswire/ -- Bernstein Liebhard LLP is investigating whether the Board of Directors of ADT Corporation ("ADT" or the "Company") (NYSE:ADT) breached its fiduciary duty to its shareholders in agreeing to sell ADT to an affiliate of certain funds managed by affiliates of Apollo Global Management, LLC.
Under the terms of the agreement, ADT shareholders will receive $42.00 in cash for each share they own. The investigation is focused on the potential unfairness of the price to ADT shareholders and the process by which the ADT Board of Directors considered and approved the transaction.
If interested in discussing your rights as an ADT shareholder, and/or have information relating to the matter, please contact Joseph R. Seidman, Jr. at (877) 779-1414 or [email protected].
Bernstein Liebhard LLP has pursued hundreds of securities, consumer and shareholder rights cases and recovered over $3.5 billion for its clients. The National Law Journal has recognized Bernstein Liebhard for twelve consecutive years as one of the top plaintiffs' firms in the country.
Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
www.bernlieb.com
ATTORNEY ADVERTISING. © 2016 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information
Joseph R. Seidman, Jr.
Bernstein Liebhard LLP
http://www.bernlieb.com
(212) 779-1414
[email protected]
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SOURCE Bernstein Liebhard LLP
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