Levi & Korsinsky is investigating the Board of Directors of TradeStation Group, Inc. (NasdaqGS: TRAD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of Monex Group, Inc.
New York, NY, April 22, 2011 — Levi & Korsinsky is investigating the Board of Directors of TradeStation Group, Inc. (“TradeStation” or the “Company”) (NasdaqGS: TRAD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of Monex Group, Inc. (“Monex”). Under the terms of the transaction, Monex will acquire all outstanding common stock of TradeStation for $9.75 per share. The transaction has a total value of approximately $411 million.
Click here to learn how to join the action: http://www.zlk.com/tradestation-group-trad.html, or call: 877-363-5972.
The investigation concerns whether the TradeStation Board of Directors breached their fiduciary duties to TradeStation stockholders by failing to adequately shop the Company before entering into this transaction and whether Monex is underpaying for TradeStation shares, thus unlawfully harming TradeStation stockholders.
If you own common stock in TradeStation and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/tradestation-group-trad.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact: Levi & Korsinsky, LLP, Joseph Levi, Esq., Eduard Korsinsky, Esq., 30 Broad Street – 15th Floor, New York, NY 10004, Tel: (212) 363-7500, Toll Free: (877) 363-5972, Fax: (212) 363-7171, www.zlk.com
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Contact:
Joanna Chlebus
Levi & Korsinsky, LLP
30 Broad St, 15th Floor
New York, NY 10004
212-363-7500
[email protected]
