SAN DIEGO & BETHESDA, Md.--(BUSINESS WIRE)--Shareholder rights law firm Robbins Arroyo LLP is investigating whether certain officers and directors of American Capital, Ltd. (NASDAQ: ACAS) breached their fiduciary duties to shareholders. American Capital is a private equity and venture capital firm
View this press release on the law firm's Shareholder Rights Blog: www.robbinsarroyo.com/shareholders-rights-blog/american-capital-ltd
American Capital Appears To Have Questionable Accounting Methods and a Lack of Internal Controls
On December 10, 2015, a report was published asserting, among other things, that: (1) certain documents could suggest American Capital's acquisition of Service Experts was a fraudulent transaction; (2) American Capital's subsidiary paid an unnamed employee $140 million over three years; and (3) the $140 million payment was structured in a way that hid it from American Capital shareholders.
American Capital Shareholders Have Legal Options
Concerned shareholders who would like more information about their rights and potential remedies can contact attorney Darnell R. Donahue at (800) 350-6003, DDonahue@robbinsarroyo.com, or via the shareholder information form on the firm's website.
Robbins Arroyo LLP is a nationally recognized leader in shareholder rights law. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits, and has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested.
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