Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Thursday, September 24, 2015
Faruqi & Faruqi Investigation: Premiere Global Services, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Premiere Global Services, Inc. (“Premiere Global Services” or the “Company”) (NYSE:PGI) for potential breaches of fiduciary duties in connection with the sale of the Company to Siris Capital Group for approximately $1 billion in a cash transaction.
The Company’s stockholders will only receive $14.00 for each share of Company common stock they own. However, the offer has no premium over the median analyst price target of $14.00 per share according to Yahoo!Finance.
If you own common stock in Premiere Global Services and wish to obtain additional information and protect your investments free of charge, please contact F&F'sJuan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.