SHAREHOLDER ALERT: Levi & Korsinsky Notifies Investors of Claims of Fiduciary
Duty by the Board of Vanguard Health Systems, Inc. in Connection With the Sale
of the Company to Tenet Healthcare Corporation -- VHS
NEW YORK, July 2, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors
of Vanguard Health Systems, Inc. ("Vanguard Health" or the "Company")
(NYSE:VHS) of claims of breaches of fiduciary duty and other violations of
state law against the board of directors of the Company in connection with the
sale of the Company to Tenet Healthcare Corporation (NYSE:THC). A complaint
was filed in Tennessee state court.
Click here to learn more about the investigation
http://zlk.9nl.com/vanguard-health-vhs/, or call: 877-363-5972. There is no
cost or obligation to you.
Under the terms of the transaction, Vanguard Health shareholders will receive
$21.00 for each share of Vanguard Health stock they own. The transaction has a
total approximate value of $4.3 billion including the assumption of $2.5
billion in debt. The claims concern whether the Board of Directors breached
their fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into the transaction, and whether Tenet
Healthcare Corporation is underpaying for Vanguard Health, thus unlawfully
harming Vanguard Health shareholders.
If you own common stock in Vanguard Health 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
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
CONTACT: Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
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