Lifshitz Law Firm Announces Investigation of Blyth, Inc., Consolidated Graphics, Inc., General Cable Corporation and Washington Banking Company
NEW YORK, Oct. 30, 2013 /PRNewswire/ --
Blyth, Inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the unsolicited proposal from CVSL, Inc. to acquire the shares of Blyth, Inc. ("Blyth") for $16.75 per share, or approximately $269 million.
Lifshitz Law Firm's investigation is focused on whether Blyth's board of directors is acting properly and whether the proposed deal provides adequate value to shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
Consolidated Graphics, Inc.
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Consolidated Graphics, Inc. ("CGX") to R. R. Donnelley & Sons Company in a cash and stock transaction valued, on October 23, 2013, at $62.00 per share or approximately $620 million plus the assumption of CGX's net debt.
Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to CGX shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
General Cable Corporation
Lifshitz Law Firm announces that a class action suit was filed in the United States District Court for the Southern District of New York, alleging that General Cable Corporation (the "Company"), issued false and misleading statements to investors between May 3, 2011 and October 14, 2013, inclusive. Specifically, the Complaint alleges that: (1) the Company understated cost of sales and overstated inventory balances; (2) the Company's reconciliation process was deficient as it failed to detect finished goods inventory; (3) the Company overstated inventory in its allocation of the purchase price among assets acquired, resulting in an understatement of goodwill; (4) the Company overstated its value added tax credits; (5) the Company improperly recognized revenue of approximately $30 million and $7 million of gross margin in connection with "bill and hold" transactions for aerial transmission projects in Brazil; and (6) the Company lacked adequate internal and financial controls.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
Washington Banking Company
Lifshitz Law Firm announces an investigation into possible breaches of fiduciary duty in connection with the proposed sale of Washington Banking Company ("WBCO") to Heritage Financial Corporation in a cash and stock transaction valued, on October 23, 2013, at $16.89 per share or approximately $265.1 million.
Lifshitz Law Firm's investigation is focused on whether the proposed deal provides adequate value to WBCO shareholders.
For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (212) 213-6222 Ext. 18 or by sending an e-mail including your contact information to: [email protected].
Lifshitz Law Firm is a New York based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please visit our website at www.jlclasslaw.com.
ATTORNEY ADVERTISING. © 2013 Lifshitz Law Firm. The law firm responsible for this advertisement is Lifshitz Law Firm, 18 East 41st Street, New York, New York 10017, (212) 213-6222. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact:
Joshua M. Lifshitz, Esq.
Lifshitz Law Firm
Phone: 212-213-6222
Email: [email protected]
SOURCE Lifshitz Law Firm
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article