DALLAS, March 14, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP are investigating a potential lawsuit against officers and directors of Transcend Services, Inc. (NASDAQ: TRCR) for violating shareholder protection laws by agreeing to a buyout for $29.50 per share. Concerned Transcend Services investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or [email protected] about their rights and remedies.
"This buyout may be unfair to Transcend stockholders because the stock traded at nearly $30 in July and at least one analyst has a target price of $34 per share," said Hamilton Lindley. "Our shareholder lawsuit seeks to ensure the highest price reasonably available and the most information is disclosed to investors of the company."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Transcend Services stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-583-2855 with questions or concerns.
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SOURCE Goldfarb LLP