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
NEW YORK, NY -- (Marketwired) -- 07/08/13 -- 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 case
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 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 similar outcomes.
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
Press spacebar to pause and continue. Press esc to stop.