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The investigation concerns whether the Gander Mountain Board of Directors breached their fiduciary duties to Gander Mountain shareholders given that the Company's shares traded at $6.49 as recently as June 29, 2009 and the Company has a book value in excess of $6.37 per share. The going-private transaction is expected to close in early 2010.
If you own common stock in Gander Mountain and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/gmtn1.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Levi & Korsinsky, LLP
CONTACT: Levi & Korsinsky, LLP Joseph Levi Esq. Eduard Korsinsky, Esq. (212) 363-7500 Fax: (212) 363-7171 www.zlk.com
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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