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The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of America Service Group, Inc.


Published on 2011-03-04 18:20:13 - Market Wire
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NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is investigating the Board of Directors of America Service Group, Inc. (Nasdaq: ASGR) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the company to Valitas Health Services, Inc. Under the terms of the proposed transaction, America Service Group stockholders will receive $26 in cash per share of America Service Group stock they own for a total transaction value of approximately $250 million.

The investigation concerns whether the America Service Group Board of Directors breached their fiduciary duties to America Service Group stockholders by failing to adequately shop the Company before entering into this transaction and whether Valitas is underpaying for America Service Group shares.

If you own common stock in America Service Group and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at [ jk@jkleinlawfirm.com ], by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit [ http://www.jkleinlawfirm.com/america-service-asgr.html ].

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

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