Newman Ferrara LLP Announces Investigation of Epoch Holding Corporation
NEW YORK -- December 06, 2012
Newman Ferrara LLP is investigating potential claims against the board of
directors of Epoch Holding Corporation (“Epoch”) (Nasdaq: EPHC) concerning the
proposed acquisition of Epoch, the parent company of Epoch Investment
Partners, by TD Bank Group (“TD Bank”).
On December 6, 2012, Epoch announced that it had entered into an agreement to
be acquired by TD Bank in an all-cash transaction valued at approximately $668
million. Under the terms of the agreement, Epoch’s shareholders will receive
$28.00 in cash for each share of Epoch stock owned. However, Epoch stock has
traded as high as $27.85 per share as recently as April 30, 2012 and analysts
have set a target price for Epoch at $33.50 per share.
Epoch’s Board of Directors has unanimously approved the proposed deal which is
expected to close in the first half of 2013.
Newman Ferrara’s investigation concerns whether Epoch’s Board of Directors has
breached its fiduciary duties to act in the best interests of Epoch’s
shareholders and to take all necessary steps to ensure that Epoch’s
shareholders receive the maximum value readily available for their shares of
Epoch common stock.
Concerned investors are encouraged to contact Newman Ferrara attorney Roy
Shimon at (212) 619-5400 or firstname.lastname@example.org to discuss this investigation,
their rights, or potential remedies.
Newman Ferrara maintains a multifaceted practice based in New York City with
attorneys specializing in complex commercial and multi-party litigation,
securities fraud and shareholder litigation, consumer protection, civil
rights, and real estate. For more information, please visit the firm website
Newman Ferrara LLP
Attorney: Roy Shimon
1250 Broadway, 27^th Fl.
New York, NY 10001
Newman Ferrara LLP
Roy Shimon, (212) 619-5400
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