Friday, March 23, 2012

The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Flanders Corporation in Connection with the Sale of the Company to Insight Equity Holdings LLC

NEW YORK, March 23, 2012 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Flanders Corporation ("Flanders" or the "Company") (PINK: FLDR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Insight Equity Holdings LLC. Under the terms of the agreement, Flanders shareholders will receive $4.40 for each share of Flanders stock they own.  The transaction has a total approximat...continued
     

No comments:

Post a Comment