Goldfarb Branham LLP Investigates Against Marshall & Ilsley Corporation
By Avik, Gaea News NetworkWednesday, December 22, 2010
DALLAS (GaeaTimes.com) — Goldfarb Branham LLP is investigating whether certain officers and directors of Marshall & Ilsley, Inc. (NYSE: MI) breached duties to shareholders by entering into a transaction to sell the company for a value of $7.75 per share in a stock transaction with the Bank of Montreal (”BMO”). Concerned stockholders are urged to contact securities lawyer Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com about their rights and remedies.
“The transaction proposes that Marshall & Ilsley shareholders receive 0.1257 shares of BMO stock for every share of Marshall & Ilsley that they own”
“The transaction proposes that Marshall & Ilsley shareholders receive 0.1257 shares of BMO stock for every share of Marshall & Ilsley that they own,” said securities attorney Hamilton Lindley. “This represents a value of about $7.75 per share. However, this deal appears unfair based on analyst opinion that the high target for the stock was $9.60 per share. Our proposed class action lawsuit seeks to ensure that the shareholders properly shopped the company, maximized value to the shareholders and disclosed full and fair information about the transaction.”
Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. The firm may be retained without financial obligation or cost to its clients. M&I investors or anyone with knowledge about this transaction should contact lawyer Hamilton Lindley at hlindley@goldfarbbranham.com or 877-583-2855 for more details.