Wolf Haldenstein Investigates VCG Holding Corp. Proposed Acquisition
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Fri, 06 Nov 2009 16:55:36 GMT |
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Wolf Haldenstein Adler Freeman & Herz LLP
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NEW YORK - (Business Wire) Attorney Advertising. The law firm of Wolf Haldenstein Adler Freeman & Herz LLP is investigating possible breaches of fiduciary duty by the Board of Directors of VCG Holding Corp. (“VCG” or the “Company”) [NASDAQ:VCG] arising out of the proposed “going-private” transaction of VCG by the Company’s Chairman and Chief Executive Officer, Troy Lowrie, Lowrie Management, LLLP, an entity controlled by Mr. Lowrie and certain other unidentified investors (collectively, “Lowrie”). On Tuesday, November 3, 2009, VCG filed an 8-k with the SEC announcing that it would be acquired by Lowrie in an all cash offer. Under the terms of the agreement, VCG stockholders will receive cash of $2.10 in exchange for each share of VCG common stock. Pursuant to this proposed “going-private” transaction, Lowrie may be underpaying for VCG, thus unlawfully harming VCG shareholders. Wolf Haldenstein has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in U.S. federal and state courts. Please visit the Wolf Haldenstein website (http://www.whafh.com) for more information about the firm. If you own VCG common stock and you wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact: Attorney Advertising. Prior Results Do Not Guarantee A Similar Outcome.
Wolf Haldenstein Adler Freeman
& Herz LLP
Gustavo Bruckner or Derek Behnke
800-575-0735 or 212-545-4600
bruckner@whafh.com
Classmember@whafh.com
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