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NTS Realty Holdings LP Message Board

ihatesachinshah 5 posts  |  Last Activity: Feb 26, 2013 9:09 AM Member since: Oct 22, 2012
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  • ihatesachinshah by ihatesachinshah Feb 26, 2013 9:09 AM Flag

    Pursuant to the merger agreement, shareholders of record may be entitled to obtain the $1.50 per share special dividend. To do so, you need to be a shareholder of record by the required deadline. Here is contact info to get your name added: 1-877-772-3975

  • Reply to

    SPECIAL DIVIDEND PAID TO SHAREHOLDERS

    by maryjane963369 Feb 22, 2013 9:53 AM
    ihatesachinshah ihatesachinshah Feb 24, 2013 9:25 AM Flag

    here is merger agreement from law firm

    http://biz.yahoo.com/e/130222/omx8-k.html

  • Class Challenges Acquisition of Ameristar

    By STEVE TWEEDY

    (CN) - Ameristar Casinos shareholders are challenging a takeover by Pinnacle in a shareholder class action lawsuit.

    According to shareholder Chen Yang, who owns over 10,000 shares, the deal undercuts the company's true value. "Each of the individual defendants breached their fiduciary duties owed to Ameristar and its stockholders in furtherance of their plan to protect and advance their own interests, at the expense of and to the detriment of Ameristar and its public stockholders," the complaint states. "Among other things, the individual defendants have agreed to sell the company at an unfairly low price."
    Yang said Ameristar directors and executive "have clear and material conflicts of interest and are acting to better their own interests and the interests of Ameristar's other senior managers and directors at the expense of the company and its public shareholders."
    "Defendants have initiated a process to sell Ameristarthat undervalues the company and vests them with benefits that are not shared equally by 'Ameristars public shareholders - a clear effort to take advantage of the temporary depression in 'Ameristars stock price," the complaint states. "In addition, by agreeing to the proposed transaction. Defendants have capped the price of Ameristarat a price that does not adequately reflect the company's true value."
    The prominant law firm Tripp Levy PLLC represents the class. Tripp Levy PLLC 877-772-3975

  • Reply to

    LAW FIRM SEEKS MORE MONEY FOR SHAREHOLDERS

    by maryjane963369 Dec 13, 2012 9:34 AM
    ihatesachinshah ihatesachinshah Dec 13, 2012 10:32 AM Flag

    thanks for sharing this.

  • ihatesachinshah ihatesachinshah Oct 22, 2012 10:21 AM Flag

    Count me in this lawsuit! This is highway robbery. When the President, CEO, CFO and COO are involved you know something doesn't smell right

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