NEW YORK, NY--(Marketwire - Nov 23, 2011) - Levi & Korsinsky notifies investors of Sonesta International Hotels Corporation ("Sonesta" or the "Company") (
Click here to learn how to join the action: http://zlk.9nl.com/sonesta, or call: 877-363-5972.
The claims concern whether the Sonesta Board of Directors breached their fiduciary duties to Sonesta stockholders by failing to adequately shop the Company before entering into this transaction and whether Sonesta Acquisition Corporation is underpaying for Sonesta shares, thus unlawfully harming Sonesta stockholders. Shareholders owning approximately 55% of Sonesta's outstanding shares have agreed to tender their shares.
If you own common stock in Sonesta and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/sonesta-international/.
Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Contact Information:
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com