Science & Technology
Wed, October 10, 2012
NEW YORK--([ BUSINESS WIRE ])--The Rosen Law Firm is investigating the Board of Directors of AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) for possible breaches of fiduciary duty and other violations of state law in connection with a going private proposal from Power Joy (Cayman) Limited, a wholly owned subsidiary of CITIC Capital China Partners II, L.P.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at [ pkim@rosenlegal.com ] or [ kchan@rosenlegal.com ]. There is no cost or obligation to you.
Under the terms of the proposal, offered by Power Joy, shareholders will receive a premium for each share of AsiaInfo-Linkage they own. However, the specific terms have not been disclosed. The investigation relates to whether the proposal is fair to public shareholders and whether AsiaInfo-Linkageas Board breached its fiduciary duties in connection with the offer.
If you own AsiaInfo-Linkage common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [ pkim@rosenlegal.com ] or [ kchan@rosenlegal.com ].
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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