NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of AirMedia Group Inc. (NASDAQ:AMCN) (“AirMedia” or “the Company”) in connection with the sale of the Company to a consortium composed of members of the Company’s management. Under the terms of the transaction, AirMedia shareholders will receive US$6.00 in cash for each American Depositary Share of AirMedia stock they own.
Click here to learn about the case: http://docs.wongesq.com/AMCN-Info-Request-Form-931. There is no cost or obligation to you.
The investigation concerns whether the Board of AirMedia breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the consortium is underpaying for AirMedia shares.
If you own common stock in AirMedia 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 visit http://docs.wongesq.com/AMCN-Info-Request-Form-931.
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.