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AboveNet, Inc. (NYSE:ABVT) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiducary Duties In Takeover by Zayo Group, LLC

  • If you are a current investor in AboveNet, Inc. (NYSE:ABVT) shares and purchased your NYSE:ABVT shares prior to March 19, 2012, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

San Diego, April 2, 2012 (Shareholders Foundation) -- An investor in NYSE:ABVT shares filed a lawsuit against directors of AboveNet, Inc. in effort to block the proposed takeover of AboveNet, Inc. by Zayo Group, LLC for $84 per NYSE:ABVT share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:ABVT stockholders arising o...



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