NEW YORK, Sept. 16, 2013 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of MTR Gaming Group, Inc. (NasdaqGS: MNTG) ("MTR Gaming") regarding possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to the parent company of Eldorado Resorts, LLC.
Under the terms of the transaction, MTR Gaming shareholders may elect to receive $5.15 per share for up to 5.8 million shares, with all remaining shares exchanged for shares in the post-merger company. The investigation concerns whether the MTR Gaming Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company to obtain the best possible value for MTR Gaming shareholders.
If you own common stock in MTR Gaming 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://wongesq.9nl.me/mtr-gaming/.
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