NEW YORK, April 13, 2005 (PRIMEZONE) -- The Brualdi Law Firm announces that it has filed a class action lawsuit on behalf of all public common stockholders of Neff Corporation, ("Neff or the "Company") (Pink Sheets:NFFCA). A copy of the complaint filed in this action is available from the court or from The Brualdi Law Firm, (212) 952-0602.
The action is pending in the Court of Chancery of the State of Delaware against the Company, its directors (Jorge Mas, Jose R. Mas, Juan Carlos Mas, and Steven D. Scheiwe), and Odyssey Investment Partners, LLC ("Odyssey").
The Complaint alleges that the Company's directors, aided and abetted by Odyssey, breached their fiduciary duties to Neff's public common stockholders by causing the Company to enter into a definitive agreement under which an affiliate of Odyssey will acquire the equity of Neff for $240.5 million, less expenses incurred in connection with the transaction, and pursuant to which the Company's existing management will retain a significant stake in the resulting private company.
If you are a common stockholder of Neff Corporation and would like to participate in the prosecution of this Action, please contact The Brualdi Law Firm at (212) 952-0602.
The Brualdi Law Firm (www.brualdilawfirm.com) is a firm active in major litigations pending in federal and state courts throughout the United States. It has taken a leading role in many important actions on behalf of defrauded investors, consumers, and others for many years. Please see The Brualdi Law Firm's website for additional information about the firm. If you wish to discuss this action with us, or have any questions concerning this notice or your rights and interests with regard to the case, please contact one of the following attorneys:
Richard B. Brualdi, Esq. Gaitri Boodhoo, Esq. The Brualdi Law Firm 29 Broadway, Suite 2400 New York, NY, 10006 Phone number: (212) 952-0602 Email: rbrualdi@brualdilawfirm.com
More information on this and other class actions can be found on the Class Action Newsline at www.primezone.com/ca