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Books-A-Million, Inc. (NASDAQ:BAMM) Investor Files Lawsuit Against Directors In Effort to Stop The Proposed Takeover By The Anderson Family

  • If you purchased shares of Books-A-Million, Inc. (NASDAQ:BAMM) prior to May 1, 2012 and currently hold any of those NASDAQ:BAMM shares have certain options and should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

May 07, 2012 (Shareholders Foundation) -- An investor in NASDAQ:BAMM shares filed a lawsuit against directors of Books-A-Million, Inc in effort to block the proposed sale of the company to majority owner the Anderson family at $3.05 per share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:BAMM stockholders arising...



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