DALLAS, Jan. 17, 2014 /PRNewswire/ -- Securities lawyers at Deans & Lyons announce an investigation of the board of Arden Group Inc. (NASDAQ : ARDNA ) in connection with a buyout for $126.50 per share. Concerned ARDNA investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or email@example.com about their rights and remedies.
"Since Arden Group has closed at $130.50, a price higher than the deal offer on November 8, 2013, this potential investigation is concerned with determining if the board properly shopped the company before entered into this agreement," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that the Arden Group Inc. shareholders receive the highest price reasonably available for their stock."
Deans & Lyons has significant experience representing shareholders in securities lawsuits nationwide. ARDNA stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org or 877-819-8033 with questions or concerns.
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SOURCE Deans & Lyons LLP