Health & Fitness
Health and FitnessHealth and Fitness 
Tue, February 15, 2011
Mon, February 14, 2011
The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Emergency Me
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of Emergency Medical Services Corporation (NYSE: EMS) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Clayton, Dubilier & Rice, LLC a private equity investment firm. Under the terms of the transaction, EMS shareholders will receive $64 in cash per for a total transaction value of approximately $3.0 billion.
The investigation concerns whether the EMS Board of Directors breached their fiduciary duties to EMS stockholders by failing to adequately shop the Company before entering into this transaction and whether Clayton, Dubilier & Rice is underpaying for EMS shares. EMS stock traded as high as $70.94 as recently as February 10, 2011 and, according to Yahoo! Finance, at least one analyst set a price target for EMS stock at $76 per share.
If you own common stock in EMS and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [ as@ashainberglaw.com ] or by telephone at (212) 425-7286, or visit [ http://www.ashainberglaw.com/emergency-services-corporation.html ].
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.