NEW YORK, Oct. 16, 2015 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of AirMedia Group Inc. (NASDAQ: AMCN) ("AirMedia Group" or "the Company") in connection with the sale of the Company to a consortium composed of members of the Company's management. Under the terms of the transaction, AirMedia Group shareholders will receive US$6.00 for each American Depositary Share of AirMedia Group stock they own.
Click here to learn about the case: http://docs.wongesq.com/AMCN-Info-Request-Form-941. There is no cost or obligation to you.
The investigation concerns whether the Board of AirMedia Group breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the Consortium is underpaying for AirMedia Group shares.
If you own common stock in AirMedia Group and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/AMCN-Info-Request-Form-941.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
Vincent Wong, Esq.
39 East Broadway
New York, NY 10002
E-Mail: [email protected]
SOURCE The Law Offices of Vincent Wong