Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of LeapFrog Enterprises Inc (NYSE: LF) acted responsibly on behalf of investors’ profitability in the planned $72 million sale to VTech Holdings Limited (OTC: VTKLY).
On February 5, 2016, LeapFrog Enterprises Inc (NYSE: LF) and VTech Holdings Limited (OTC: VTKLY) announced that they had entered into a merger agreement. Under the terms of the transaction, LeapFrog shareholders will receive $1.00 in cash for each share of LeapFrog stock they own.
Based in Emeryville, CA, and founded in 1995 LeapFrog Enterprises Inc develops, designs, and markets technology-based learning products for children worldwide.
The investigation is looking to uncover whether LeapFrog Enterprises Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $3.50 per share.
If you purchased LeapFrog Enterprises Inc (NYSE: LF) prior to February 5, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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