NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Nobel Learning Communities Inc. (Nasdaq: NLCI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Leeds Equity Partners. Under the terms of the proposed deal, Nobel Learning shareholders will receive $11.75 in cash per share for a total transaction value of approximately $125.2 million.
The investigation concerns whether the Nobel Learning Board of Directors breached their fiduciary duties to Nobel Learning stockholders by failing to adequately shop the Company before entering into this transaction and whether Leeds Equity Partners is underpaying for Nobel Learning shares. According to Thomson/First Call, one analyst set a price target for Nobel Learning stock at $20.00 per share.
If you own common stock in Nobel Learning and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/nobel-learning.html.
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.