|[February 08, 2013]
Shareholder Alert: Ark Restaurant Corp. Is Investigated by Faruqi & Faruqi, LLP for Potential Breaches of Fiduciary Duties
NEW YORK --(Business Wire)--
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Ark
Restaurant Corp. ("Ark" or the "Company") (NasdaqGM: ARKR) for potential
breaches of fiduciary duties in connection with their conduct related to
the acquisition proposal the Company received from Landry's, Inc. on
February 6, 2013. Under the terms of the proposed acquisition, Ark's
shareholders will be entitled to receive $22 in cash for each share of
Ark's common stock they own.
Request more information now by clicking here: www.faruqilaw.com/ARKR.
There is no cost or obligation to you.
Whether Ark's Board of Directors is acting in accordance with thei
fiduciary duties to Ark's stockholders to conduct an adequate and fair
sales process to sell the Company, whether the proposed transaction
adequately values Ark's shares, and whether Ark's Board of Directors is
effectively negotiating a price increase for the proposed acquisition
are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm's clients.
If you own common stock in Ark and wish to obtain additional information
and protect your investments free of charge, please visit us at www.faruqilaw.com/ARKR
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
[ Back To TMCnet.com's Homepage ]