AOL Inc. (AOL) Buyout Investigated by Former Louisiana Attorney General and Special Prosecutor Richard P. Ieyoub and the Firm of Ieyoub O’Bell & Myers, LLC
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BATON ROUGE, La.--(BUSINESS WIRE)-- Former Attorney General of Louisiana Richard P. Ieyoub and the firm of Ieyoub O’Bell & Myers, LLC (IOM) (www.iomcounsel.com) are investigating the proposed buyout of AOL, INC. (NYSE: AOL) by Verizon Communications, Inc.
General Ieyoub and IOM are investigating whether the proposed sale price, as well as the process that led up to it, are fair to shareholders. Under the terms of the proposed acquisition, AOL shareholders will receive only $50.00 in cash for each share of AOL they own.
If you are an AOL shareholder and believe this transaction undervalues AOL, you would like to discuss your legal rights, and/or you possess information relevant to this investigation, you may contact IOM Partner Eric J. O’Bell toll free at (866) 938-1596 or e-mail [email protected].
Richard Ieyoub, a partner of IOM, served as a Special Prosecutor, District Attorney, and President of the National District Attorneys Association before being elected Louisiana Attorney General in 1992, serving until 2004. General Ieyoub played a leadership role in litigation on behalf of 46 states against major tobacco manufacturers, who agreed in 1998 to pay over $200 billion to redress the public health costs of smoking. IOM partners Eric J. O’Bell and Albert M. Myers have practiced shareholder litigation for a combined total of over 25 years. IOM has offices in the New Orleans and Atlanta metropolitan areas. The firm’s website is www.iomcounsel.com.
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Ieyoub, O’Bell & Myers, LLC
Albert M. Myers, 866-938-1596
[email protected]
or
Eric
J. O’Bell, 866-938-1596
[email protected]
Source: Ieyoub O’Bell & Myers, LLC
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