Thu, Aug 21, 2014, 2:40 AM EDT - U.S. Markets open in 6 hrs 50 mins

Recent

% | $
Quotes you view appear here for quick access.

NTS Realty Holdings LP Message Board

  • ihatesachinshah ihatesachinshah Jan 30, 2013 7:38 AM Flag

    LAWSUIT FILED - DAYS LEFT FOR SHAREHOLDERS TO PRESERVE RIGHTS

     

    LOUISVILLE, KY--(Marketwire - Jan 29, 2013) - ( NYSE MKT : NLP ) -- NTS Realty Holdings Limited Partnership (the "Company") announced today that on January 27, 2013, the Company received notice that a putative class action lawsuit was filed on January 25, 2013 in the Jefferson County Circuit Court of the Commonwealth of Kentucky against the Company, each of the members of the board of directors of the Company's managing general partner, NTS Realty Capital, Inc. ("Realty Capital"), NTS Realty Partners, LLC, Realty Capital, NTS Merger Parent, LLC and NTS Merger Sub ("Merger Sub") alleging, among other things, that the board of directors breached their fiduciary duties to the unitholders of the Company in connection with the board's approval of the merger between Merger Sub and the Company (the "Merger"). The complaint seeks, among other things, to enjoin the defendants from completing the Merger as currently contemplated.

    To receive a copy of the complaint and to obtain more information including your rights as a shareholder, at no cost, please contact the law firm Tripp Levy PLLC at 1-877-772-3975 or email at contact @ tripplevy

    This topic is deleted.
    SortNewest  |  Oldest  |  Most Replied Expand all replies
 

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.