|[February 11, 2013]
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Ark Restaurants Corp. in Connection with the Proposed Sale of the Company to Landry's Inc.
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of Ark
Restaurants Corp. ("Ark" or the "Company") (NasdaqGM: ARKR) for possible
breaches of fiduciary duty and other violations of state law in
connection with the proposed sale of the Company to Landry's, Inc.
Click here to learn more about the investigation: http://zlk.9nl.com/ark-restaurants-arkr/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the proposed transaction, Ark shareholders would
receive $22 in cash for each share o Ark stock they own. The
transaction has a total approximate value of $71 million. The
investigation concerns, among other things, whether the proposed
consideration to be paid to Ark shareholders is unfair, inadequate, and
substantially below the fair or inherent value of Ark.
If you own common stock in Ark and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/ark-restaurants-arkr/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, 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.
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