|[February 15, 2013]
Artio Global Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Aberdeen Asset Management
DALLAS --(Business Wire)--
Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor, LLP are investigating the sale of Artio Global Investors,
Inc. ("Artio") (NYSE: ART) to Aberdeen (News - Alert) Asset Management PLC for
shareholders. Under the terms of the proposed sale valued at
approximately $175 million, Artio shareholders will receive $2.75 in
cash for each share of Artio stock owned, well below the 52-week high of
If you are an affected investor, and you want to learn more about the
lawsuit or join he action, please contact Willie Briscoe at The Briscoe
Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com
or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via
e-mail at firstname.lastname@example.org.
There is no cost or fee to you.
The Artio sale investigation centers on whether Artio's shareholders are
receiving adequate compensation for their shares in the proposed
acquisition of the Company, whether the transaction undervalues Artio's
stock, and whether Artio's board attempted to obtain the highest share
price for all shareholders prior to agreeing to the deal. According to
shareholder rights attorney Patrick Powers, "Based on the historical
prices, the proposed sale price and other factors, we believe this
transaction may undervalue Artio's stock. Our proposed lawsuit will seek
to obtain the highest share price for all shareholders."
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Taylor, LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
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