|By PR Newswire||
|August 22, 2014 12:42 PM EDT||
NEW YORK, Aug. 22, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Skilled Healthcare Group, Inc. ("Skilled Healthcare" or "the Company") (NYSE: SKH) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Genesis Healthcare.
Click here to learn more about the investigation: http://zlk.9nl.com/skilled-healthcare-skh, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Skilled Healthcare shareholders will own just 25.75% of the vote and value of the fully-diluted equity of the combined company. The investigation concerns whether the Board of Skilled Healthcare breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Genesis Healthcare is underpaying for Skilled Healthcare shares. Shareholders representing approximately 82.1% of Skilled Healthcare's voting power have already agreed to the transaction.
If you own Skilled Healthcare common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/skilled-healthcare-skh.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. 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: (866) 367-6510
SOURCE Levi & Korsinsky, LLP
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