Rosen Law Firm Announces Investigation of American Lorain Corporation In Connection With the Going P
Rosen Law Firm Announces Investigation of American Lorain Corporation In Connection With the Going Private Proposal from its Chairman and CEO - ALN
NEW YORK--(BUSINESS WIRE)-- The Rosen Law Firm is investigating the Board of Directors of American Lorain Corporation (NYSE MKT: ALN) for possible breaches of fiduciary duty and other violations of state law in connection with a going private proposal from its Chairman, CEO and President.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.
Under the terms of the proposal, offered by American Lorain's Chairman, CEO and President, Mr. Si Chen, shareholders will receive $1.60 for each share of American Lorain stock they own. The investigation relates to whether the proposal for $1.60/share is fair to public shareholders and whether American Lorain's Board breached its fiduciary duties in connection with the offer.
If you own American Lorain common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: 212-686-1060
Weekends Tel: 917-562-8616
Toll Free: 1-866-767-3653
Fax: 212-202-3827
pkim@rosenlegal.com
lrosen@rosenlegal.com
www.rosenlegal.com
KEYWORDS: United States North America New York
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