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Lifshitz & Miller Law Firm Announces Investigation of Actuate Corporation, Albany Molecular Research Inc., Conn's, Inc., Cubist Pharmaceuticals, Inc., Hawaiian Electric Industries, Inc., and Heritage Financial Group, Inc.


News provided by

Lifshitz & Miller Law Firm

Dec 11, 2014, 12:45 ET

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NEW YORK, Dec. 11, 2014 /PRNewswire/ --

Actuate Corporation

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Actuate Corporation ("BIRT") to OpenText Corporation in a cash transaction valued at approximately $ $330 million or $6.60 per share.  

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

Albany Molecular Research Inc.  

Lifshitz & Miller  announces investigation into possible breaches of fiduciary duties by the board of Albany Molecular Research Inc. ("AMRI").  Specifically, on November 5, 2014, AMRI  announced that "[t]he confluence of a business interruption event at our OsoBio facility, together with lower Discovery and API revenue has resulted in a weak third quarter… Additionally, a weather-related power interruption at our OsoBio facility in Albuquerque took the facility offline for a period of time, contributing to the loss of finished product and the need to remediate one of the suites at the facility..."

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

Conn's, Inc.

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties by the board of Conn's, Inc. ("CONN").  Specifically, on December 9, 2014, Conn announced that its "…gains were more than offset by additional provisions for credit losses."  The Company also announced a transition of its Chief Financial Officer, changes to its management structure and new initiatives by the Board of Directors to enhance oversight of the business as Conn's continues to actively pursue its previously announced review of strategic alternatives.

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

Cubist Pharmaceuticals, Inc.

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Cubist Pharmaceuticals, Inc. ("CBST") to Merck in a transaction valued at approximately $8.4 billion or $102 per share.  

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

Hawaiian Electric Industries, Inc.

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Hawaiian Electric Industries, Inc. ("HE") to NextEra Energy, Inc. in a transaction valued at approximately $33.50 per share.  

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

Heritage Financial Group, Inc.  

Lifshitz & Miller announces investigation into possible breaches of fiduciary duties in connection with the proposed sale of Heritage Financial Group, Inc. ("HBOS") to Renasant Corporation in an all-stock transaction valued at approximately $258 million or $27.00 per share.  

For more information about our investigation, please contact Joshua M. Lifshitz, Esq. by telephone at (516) 493-9780 or by sending an e-mail including your contact information to: [email protected].

ATTORNEY ADVERTISING. © 2014 Lifshitz & Miller.  The law firm responsible for this advertisement is Lifshitz & Miller, 821 Franklin Avenue, Suite 209, Garden City, New York 11530, Tel: (516) 493-9780.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Contact:
Joshua M. Lifshitz, Esq.
Lifshitz & Miller
Phone:  516-493-9780
Facsimile: 516-280-7376
Email: [email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lifshitz--miller-law-firm-announces-investigation-of-actuate-corporation-albany-molecular-research-inc-conns-inc-cubist-pharmaceuticals-inc-hawaiian-electric-industries-inc-and-heritage-financial-group-inc-300008649.html

SOURCE Lifshitz & Miller Law Firm

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