Morgan & Morgan Announces Investigation of Virgin Media
NEW YORK, Feb. 21, 2013
NEW YORK, Feb.21, 2013 /PRNewswire/ --Morgan & Morgan is investigating
potential claims against the Board of Directors of Virgin Media, Inc. ("Virgin
Media" or the "Company") (NasdaqGS: VMED) for possible breaches of fiduciary
duty and other violations of state law in connection with the sale of the
Company to Liberty Global Inc. ("Liberty Global") (NasdaqGS: LBTYA).
If you are currently a shareholder of Virgin Media and are interested in
learning more about our Virgin Media shareholder lawsuit investigation, please
contact George Pressly, Esq. at1 (800) 631-6234or email George at
Under the terms of the transaction, Virgin Media shareholders will receive
$17.50 in cash, 0.2582 of Liberty Global Class A shares, and 0.1928 of a
Liberty Global Class C shares for each share of Virgin Media stock they own,
representing a value of approximately $47.87 per share.
Our investigation concerns whether Virgin Media's Board of Directors breached
its fiduciary duties to act in the best interests of Virgin Media's
shareholders and whether the Board has taken all necessary steps to ensure
that Virgin Media's shareholders receive the maximum value readily available
for their shares of Virgin Media common stock.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to
securities fraud, the firm also practices in the areas of antitrust, personal
injury, consumer protection, overtime, and product liability.All of the
Firm's legal endeavors are rooted in its core mission: provide investor and
consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar outcome.
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
New York, NY 10036
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