NEW YORK--(BUSINESS WIRE)--Rosen Law Firm announces that it is investigating potential civil securities claims and breaches of fiduciary duty concerning the directors and officers of American Capital, Ltd. (NASDAQ:ACAS) resulting from allegations that American Capital lacked internal controls and management integrity.
On December 10, 2015, a report was published asserting, among other things, that: (1) certain tax 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 the course of three years; and (3) the $140 million payment was structured in a manner that hid it from American Capital shareholders.
Rosen Law Firm is investigating potential civil securities claims and breaches of fiduciary duty by American Capital’s officers and directors. If you purchased American Capital securities prior to December 10, 2015, you may visit the firm’s website at http://rosenlegal.com/cases-800.html to join the action. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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