| [May 01, 2012] |
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The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of P.F. Chang's China Bistro, Inc. in Connection with the Sale of the Company to Centerbridge Partners, L.P.
NEW YORK --(Business Wire)--
Levi & Korsinsky notifies investors of P.F. Chang's China Bistro, Inc.
("P.F. Chang's") (Nasdaq: PFCB) of claims of breaches of fiduciary duty
and other violations of state law in connection with the sale of the
Company to Centerbridge Partners, L.P. Under the terms of the
transaction, P.F. Chang's shareholders will receive $51.50 per share of
P.F. Chang's stock they own. The transaction has a value of
approximately $1.1 billion.
Click here to learn how to join the action: http://www.zlk.com/pf-changs-china-bistro-pfcb,
or call: 877-363-5972. There is no cost or obligation to you.
The investigation concerns whether the P.F. Chang's Board of Directors
breached their fiduciary duties to P.F. Chng's stockholders by failing
to adequately shop the Company before entering into this transaction and
whether Centerbridge Partners, L.P. is underpaying for P.F. Chang's
shares, thus unlawfully harming P.F. Chang's stockholders.
If you own common stock in P.F. Chang's and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of investors. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard
Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel:
(212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com

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