NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Hawaiian Telcom Holdco, Inc. (NASDAQ:HCOM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Cincinnati Bell (NYSE:CBB). Under the terms of the deal, Hawaiian Telcom shareholders may elect to receive $30.75 in cash, 1.6305 shares of Cincinnati Bell common stock, or a mix of $18.45 in cash and 0.6522 shares of Cincinnati Bell common stock for each share of Hawaiian Telcom stock they own.
The investigation concerns whether the Hawaiian Telcom Board of Directors breached their fiduciary duties to Hawaiian Telcom stockholders by failing to adequately shop the Company before entering into this transaction and whether Cincinnati Bell is underpaying for Hawaiian Telcom shares, thus unlawfully harming Hawaiian Telcom stockholders.
If you own common stock in Hawaiian Telcom and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.425.1140, or http://docs.wongesq.com/HCOM-Info-Request-Form-1652.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002