NEW YORK, July 7, 2011 (GLOBE NEWSWIRE) — Pomerantz Haudek Grossman & Gross LLP is investigating potential claims on behalf of investors of APAC Customer Services, Inc. (“APAC” or the “Company”) (Nasdaq:APAC) concerning the proposed acquisition of APAC by One Equity Partners, the private investment arm of JPMorgan Chase & Co., in an all-cash transaction with an aggregate equity value of approximately 0 million.
The investigation concerns whether the board of directors is breaching its fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the agreement, APAC shareholders would receive .55 per share in cash for each share of APAC common stock. At least one research analyst has targeted the stock at .00 per share.
APAC shareholders seeking more information about this acquisition are advised to contact Gustavo Bruckner, Esq. at gfbruckner@pomlaw.com or 212-661-1100 or toll free at 888-476-6529, ext. 302.
The Pomerantz Firm, with offices in New York, Chicago, and Washington, D.C., is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT: Gustavo F. Bruckner, Esq.
Pomerantz Haudek Grossman & Gross LLP
888-476-6529 (ext. 302)
212-661-1100 (ext. 302)
gfbruckner@pomlaw.com
http://bit.ly/nCBDHS
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