Law Offices of Todd M. Garber announces that it is investigating
potential claims against the Board of Directors of J. Alexander’s
Corporation (“J. Alexander’s” or the “Company”) (NASDAQ: JAX) related to
the proposed acquisition of the Company by Fidelity National Financial,
Inc. The transaction is valued at approximately $72 million. JAX
shareholders may elect to receive $12 per share in cash or a combination
of $3 cash and one share of ABRH Class A common stock.
This investigation concerns whether the Board of Directors of J.
Alexander’s breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all material
information to shareholders about the transaction. The Company has seen
substantial recent growth. Its share price has skyrocketed from $5.12 on
August 9, 2011 to $9.90 on June 19, 2012.
If you are a shareholder of J. Alexander’s, if you have information or
would like to learn more about our investigation, or if you wish to
discuss these matters or have any questions concerning this announcement
or your rights or interests with respect to these matters, please
contact Todd M. Garber, Esquire, of the Law Offices of Todd M. Garber,
by telephone at 213-700-7262 or by email to firstname.lastname@example.org.
This press release may be considered Attorney Advertising in some
jurisdictions under the applicable law and ethical rules.