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Ancestry.com Inc. Message Board

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  • cheekscheeks26 cheekscheeks26 Nov 2, 2012 10:49 AM Flag

    Do You Think That the $32 Deal Sucks? Has anyone filed a complaint?

    there are some lawsuits out there on behalf of shareholders that allege the board is not acting in the best interest of shareholders. I do think it sucks... my votes will be to reject this, i urge others to do the same.

    Sentiment: Buy

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    • Yes, I know about the lawsuits, which the law firms may earn money on, but will it benefit the shareholders?

      I'm afraid that between management, Spectrum and their partners in this corruption, they may have the votes to pass this sale.

      I sent a message to the SEC asking how we can file complaints and ask for them to stop the vote for the sale, pending a completion of an investigation of a conflict of interest and failure of the BOD in their fiduciary responsibility to the shareholders to obtain the best and highest price for us.

      I will post their answer after I receive it.

      The rest of you may want to go to their website and find the page to send a message too.

      Maybe you'll have better luck than I did in trying to find a way to file a complaint?

 

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