|[November 16, 2012]
Pomerantz Law Firm Investigates Claims on Behalf of Investors of White River Capital, Inc.
NEW YORK --(Business Wire)--
Pomerantz Grossman Hufford Dahlstrom & Gross LLP is investigating claims
on behalf of investors of White River Capital, Inc. ("White River" or
the "Company") (NYSE: RVR) (ISIN: US96445P1057) concerning the proposed
acquisition of White River by Parthenon Capital Partners in a
transaction valued at approximately $79.5 million.
The investigation concerns whether the White River directors are
breaching their fiduciary duties by failing to adequately shop the
Company and maximize shareholder value. Under the terms of the
agreement, White River shareholders would receive $21.93 in cash
for each share of White River common stock However, the stock
traded at $23.00 just two weeks ago.
White River shareholders seeking more information about this acquisition
are advised to contact Robert Willoughby at firstname.lastname@example.org
or 212-661-1100 or 888-476-6529, ext. 237.
The Pomerantz Firm, with offices in New York, Chicago and San Diego, 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
75 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
defrauded investors. See www.pomerantzlaw.com.
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