|[December 04, 2012]
Young Innovations Inc. Board of Directors Under Investigation for Potential Breaches of Fiduciary Duty by Glancy Binkow & Goldberg LLP
LOS ANGELES --(Business Wire)--
Glancy Binkow & Goldberg LLP announces that it is investigating
potential claims against the Board of Directors of Young Innovations
Inc. ("Young Innovations" or the "Company") (NASDAQ: YDNT) related to
the proposed acquisition of the Company by Linden Capital Partners. The
transaction is valued at approximately $314 million or $39.50 per share.
This investigation concerns whether the Board of Directors of Young
Innovations breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all material
information to shareholders about the transaction. The Company has seen
substantial recent growth. Its share price has skyrocketed from $27.65
on December 8, 2011 to $39.67 on September 27, 2012.
If you are a shareholder of Young Innovations, if you have information
or would like to learn
more about our investigation, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Louis
Boyarsky, Esquire, Glancy Binkow & Goldberg LLP, 1925 Century Park East,
Suite 2100, Los Angeles, CA (News - Alert) 90067, by telephone at (310) 201-9150 or
Toll Free at (888) 773-9224 or by email to firstname.lastname@example.org.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.
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