Law Offices of Marc S. Henzel Announces Investigations of Piedmont Natural Gas Co. Inc., Pep Boys - Manny, Moe & Jack, GNC Holdings Inc., Diamond Foods, Inc., Nobilis Health Corp. and Extreme Networks, Inc.
MERION STATION, Pa., Nov. 2, 2015 /PRNewswire/ --
Piedmont Natural Gas Co. Inc. (PNY)
The Law Office announces it is investigating potential claims against the board of directors of Piedmont Natural Gas Co. Inc. (PNY) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Duke Energy in a transaction valued at approximately $4.9 billion. Under the terms of the agreement, shareholders of Piedmont will receive $60.00 in cash for each share of Piedmont common stock owned.
If you would like to learn more about the investigation or you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at [email protected], or visit the firm's website at www.henzellaw.com.
Pep Boys - Manny, Moe & Jack (PBY)
The Law Office is investigating potential claims against the board of directors of Pep Boys - Manny, Moe & Jack (PBY) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Bridgestone Corp. in a transaction valued at approximately $835 million. Under the terms of the agreement, shareholders of Pep Boys will receive $15.00 in cash for each share of Pep Boys common stock owned.
If you would like to learn more about the investigation or you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at [email protected], or visit the firm's website at www.henzellaw.com.
The Law Office is investigating GNC Holdings, Inc. (NYSE: GNC) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors. On October 22, 2015, the Oregon Department of Justice filed a lawsuit against GNC Holdings claiming that the company's nutritional and dietary supplements contain the unapproved stimulants picamilon and BMPEA. Then on October 28, 2015, GNC Holdings reported third-quarter earnings of $45.8 million and revenue of just $672.2 million, compared to a forecasted revenue of $684.8 million. On October 29, 2015, following this news, shares of GNC Holdings were down 22.8% on intraday trading.
If you would like to learn more about the investigation or you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at [email protected], or visit the firm's website at www.henzellaw.com.
The Law Office is investigating the fairness of the sale of Diamond Foods, Inc. (DMND) to Snyder's-Lance for 0.775 shares of Snyder's-Lance common stock and $12.50 in cash per share. Under the terms of the transaction, Diamond Foods shareholders will receive $12.50 in cash and 0.775 of a share of Snyder's-Lance for each share of Diamond Foods stock they own.
If you would like to learn more about the investigation or you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at [email protected], or visit the firm's website at www.henzellaw.com.
The Law Office is investigating Nobilis Health Corp. (HLTH) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors. On October 9, 2015, the stock price fell from $5.24 to $3.82 (a decline of $1.42) after a published a report detailed suspected accounting fraud at the company. On October 22, 2015, the Oregon Department of Justice filed a lawsuit against GNC Holdings claiming that the company's nutritional and dietary supplements contain the unapproved stimulants picamilon and BMPEA.
If you would like to learn more about the investigation or you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at [email protected], or visit the firm's website at www.henzellaw.com.
The Law Office is investigating Extreme Networks, Inc. (EXTR) concerning possible violations of federal securities laws by the Company and/or certain of its officers and directors. April 9, 2015, Extreme Networks pre-announced that it would miss guidance for the third quarter of 2015, reporting revenue of $118-$120 million and earnings per share of ($0.09)-($0.07), significantly below prior guidance of $130-$140 million and ($0.03)-$0.02, respectively. The Company also announced that trading in its shares had been halted and that Jeff White, the Company's Chief Revenue Officer, who had been hired only six months earlier to manage the integration of the Extreme Networks and Enterasys salesforces, was "no longer with the Company." On these disclosures, the Company's stock price fell almost 25%, from $3.24 per share to $2.50 per share.
If you would like to learn more about the investigation or you wish to discuss this matter, please contact Marc S. Henzel (610) 660-8000, email at [email protected], or visit the firm's website at www.henzellaw.com.
The Law Offices of Marc S. Henzel is a national shareholder litigation firm representing shareholders & investors in various areas of securities laws including but not limited to; class actions, derivatives, transactional (buyouts/mergers/acquisitions) and FINRA & NYSE Arbitrations.
Attorney advertising. © 2015 Law Offices of Marc S. Henzel. The law firm responsible for this advertisement is Marc S. Henzel. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Law Offices of Marc S. Henzel
Marc S. Henzel
Email: [email protected]
Phone 610-660-8000
Website: www.henzellaw.com.
SOURCE Law Offices of Marc S. Henzel
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