Investigation into Breach of Fiduciary Duty Claims concerning the Acquisition of Great Wolf Resorts by Apollo Global Management by Leading National Securities Law Firm Gilman Law LLP
The National Securities Law Firm Gilman Law LLP is investigating potential breach of fiduciary duty claims by current shareholders of Great Wolf Resorts, Inc. (“Great Wolf”) (NASDAQ: WOLF) against the board of directors of Great Wolf in connection with their efforts to sell the Company to Apollo Global Management, LLC (NYSE: APO), a leading global asset manager.
On March 13, 2012, Great Wolf announced that it had entered into a definitive merger agreement to be acquired by Apollo. According to the terms of the deal, Apollo will purchase all outstanding shares of Great Wolf common stock for $5.00 per share. However, one leading market analyst released a target price of Great Wolf shares at $6.00 per share. Gilman Law is investigating whether Great Wolf shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Great Wolf stock, and whether Great Wolf’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.
If you are a current shareholder of Great Wolf and would like to learn more about the breach of fiduciary duty investigation by the National Securities Law Firm Gilman Law LLP, you may contact our office for a free consultation by calling (239) 221-8401 or by completing the free consultation form online.
About the National Securities Law Firm Gilman Law LLP
The leading national securities law attorneys at Gilman Law have over 35 years of experience litigating securities and other class action cases. Our firm has been involved in all major aspects of securities litigation, including cases involving stock manipulation, securities fraud, investment fraud, and shareholder rights violations, as well as securities class action suits on behalf of both individual and institutional investors.