Blog

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of American Realty Capital Healthcare Trust, Inc. Buyout Proposal

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of American Realty Capital Healthcare Trust, Inc. Buyout Proposal

SMITHTOWN, NY, June 3, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of American Realty Capital Healthcare Trust, Inc. (“American”) (NASDAQ GS: HCT) for possible breaches of fiduciary duties and other violations of law in connection with American’s agreement to be acquired by Ventas, Inc. (“Ventas”)(NYSE: VTR), in a transaction valued at approximately $2.6 billion.

Under the terms of the agreement, public shareholders of American can elect to receive $11.33 in cash or 0.1688 shares of Ventas for each share of Anerican they own.

The investigation concerns whether American’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to American’s stockholders would be fair and adequate, and whether American is acting in its stockholders’ best interests.

If you own American common stock, purchased your shares prior to June 2, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of PetroLogistics LP Buyout Proposal

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of PetroLogistics LP Buyout Proposal

SMITHTOWN, NY, May 29, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of PetroLogistics LP (“Petro”) (NYSE: PDH) for possible breaches of fiduciary duties and other violations of law in connection with Petro’s agreement to be acquired by Flint Hills Resources, LLC a subsidiary of Koch Industries, Inc. (“Koch”), in a transaction valued at approximately $2.1 billion.

Under the terms of the agreement, public shareholders of Petro would receive $14.00 per unit in cash for each share of Petro they own.

The investigation concerns whether Petro’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Petro’s stockholders would be fair and adequate, and whether Petro is acting in its stockholders’ best interests.

If you own Petro common stock, purchased your shares prior to May 28, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

Penalty Relief Pilot for Small Retirement Plans Begins in June

Are you a small business owner with a retirement plan?

Have you fallen behind on your annual plan filings (IRS Form 5500)?

Were you even aware that you were required to file annually?

The bad news is that Plan administrators and sponsors who do not file an annual Form 5500 series return can face stiff penalties – up to $15,000 per return.  The good news is that under an IRS pilot program commencing in June small businesses with retirement plans that owe penalties for not filing reporting documents, can avoid penalties by filing current and prior year forms. 

If you’ve failed to file returns for your retirement plan or think you may have failed to file contact the Law Office of Jack Stuart Beige & Associates, P.C. or your tax professional.

 

 

 

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Areoflex Holding Corp. Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Areoflex Holding Corp. Buyout Proposal

SMITHTOWN, NY, May 21, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Aeroflex Holding Corp. (“Areoflex”) (NYSE: ARX) for possible breaches of fiduciary duties and other violations of law in connection with Areoflex’s agreement to be acquired by Cobham plc (“Cobham”), in a transaction valued at approximately $1.46 billion.

Under the terms of the agreement, public shareholders of  Aeroflex would receive $10.50 in cash for each share of Aeroflex they own.

The investigation concerns whether DAreoflex’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Aeroflex’s stockholders would be fair and adequate, and whether Areroflex is acting in its stockholders’ best interests.

If you own Aeroflex common stock, purchased your shares prior to May 20, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of DIRECTV Buyout Proposal

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of DIRECTV Buyout Proposal

SMITHTOWN, NY, May 19, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of DIRECTV (“DTV”) (NASDAQ GS: DTV) for possible breaches of fiduciary duties and other violations of law in connection with DTV’s agreement to be acquired by AT&T, Inc. (“AT&T”) (NYSE: T), in a transaction valued at approximately $48.5 billion.

Under the terms of the agreement, public shareholders of DTV would receive $95.00 per share, comprised of $28.50 in cash and 1.905 shares of AT&T common stock for each share of DTV they own.  The stock portion will be subject to a collar such that DTV shareholders will receive 1.905 AT&T shares if AT&T stock price is below $34.90 at closing and 1.724 AT&T shares if AT&T stock price is above $38.58 at closing.  If AT&T stock price at closing is between $34.90 and $38.58, DTV shareholders will receive a number of shares between 1.724 and 1.905, equal to $66.50 in value.

The investigation concerns whether DTV’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to DTV’s stockholders would be fair and adequate, and whether DTV is acting in its stockholders’ best interests.

If you own DTV common stock, purchased your shares prior to May 18, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of SP Bancorp, Inc. Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of SP Bancorp, Inc. Buyout Proposal

SMITHTOWN, NY, May 15, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of SP Bancorp, Inc. (“SP”) (NASDAQ CM: SPBC) for possible breaches of fiduciary duties and other violations of law in connection with SP’s agreement to be acquired by Green Bancorp, Inc. (“Green”) in a transaction valued at approximately $46.2 million.

Under the terms of the agreement, public shareholders of SP would receive $29.55 in cash for each share of SP they own.

The investigation concerns whether SP’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to SP’s stockholders would be fair and adequate, and whether SP is acting in its stockholders’ best interests.

If you own SP common stock, purchased your shares prior to May 5, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Pinnacle Foods, Inc. Buyout Proposal

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Pinnacle Foods, Inc. Buyout Proposal

SMITHTOWN, NY, May 14, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Pinnacle Foods, Inc. (“Pinnacle”) (NYSE: PF) for possible breaches of fiduciary duties and other violations of law in connection with Pinnacle’s agreement to be acquired by Hillshire Brands Company (“Hillshire”) (NYSE: HSH),in a transaction valued at approximately $6.6 billion.

Under the terms of the agreement, public shareholders of Pinnacle would receive $18.00 in cash and 0.50 shares of Hillshire common stock for each share of Pinnacle they own.

The investigation concerns whether Pinnacle’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Pinnacle’s stockholders would be fair and adequate, and whether Pinnacle is acting in its stockholders’ best interests.

If you own Pinnacle common stock, purchased your shares prior to May 12, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of 1st United Bancorp, Inc. Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of 1st United Bancorp, Inc. Buyout Proposal

SMITHTOWN, NY, May 9, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of 1st United Bancorp, Inc. (“1st United”) (NASDAQ GS: FUBC) for possible breaches of fiduciary duties and other violations of law in connection with 1st United’s agreement to be acquired by Valley National Bancorp (“Valley”) (NYSE: VLY),in a transaction valued at approximately $312 million.

Under the terms of the agreement, public shareholders of 1st United would receive 0.89 shares of Valley common stock for each share of 1st United they own.

The investigation concerns whether 1st United’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to 1st United’s stockholders would be fair and adequate, and whether 1st United is acting in its stockholders’ best interests.

If you own 1st United common stock, purchased your shares prior to May 8, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Orbital Sciences Corporation Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of Orbital Sciences Corporation Buyout Proposal

SMITHTOWN, NY, May 7, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of Orbital Sciences Corporation (“Orbital”) (NYSE: ORB) for possible breaches of fiduciary duties and other violations of law in connection with Orbital’s agreement to be acquired by Alliant Techsystems, Inc. (“Alliant”)(NYSE: ATK).

Under the terms of the agreement, public shareholders of Orbital would receive 0.449 shares of Alliant common stock for each share of Orbital they own.

The investigation concerns whether Orbital’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to Orbital’s stockholders would be fair and adequate, and whether Orbital is acting in its stockholders’ best interests.

If you own Orbital common stock, purchased your shares prior to April 28, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.

 

The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of R.G. Barry Corp. Buyout Proposal

INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C. Announces Investigation of R.G. Barry Corp. Buyout Proposal

SMITHTOWN, NY, May 6, 2014:

The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is investigating the Board of Directors of R. G. Barry Corp.(“R.G. Barry”) (NASDAQ GS: DFZ) for possible breaches of fiduciary duties and other violations of law in connection with R.G. Barry’s agreement to be acquired by Mill Road Capital (“Mill Road”), in a transaction valued at approximately $215 million.

Under the terms of the agreement, public shareholders of R.G. Barry would receive $19.00 in cash for each share of R.G. Barry they own.

The investigation concerns whether R.G. Barry’s Board of Directors breached its fiduciary duties to stockholders, whether the proposed consideration to be paid to R.G. Barry’s stockholders would be fair and adequate, and whether R.G. Barry is acting in its stockholders’ best interests.

If you own R.G. Barry common stock, purchased your shares prior to May 2, 2014, and wish to obtain additional information, please contact Joseph R. Beige, Esquire either via email at or by telephone at (631) 231-7725.