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 -- February 11, 2013
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 of 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 email@example.com or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit
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
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
Toll Free: 877-363-5972
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