Pomerantz Law Firm Investigates American Dental Partners, Inc.

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NEW YORK--(BUSINESS WIRE)--

Pomerantz Haudek Grossman & Gross LLP is investigating claims on behalf of investors of American Dental Partners, Inc. (“American Dental” or the “Company”) ADPI concerning the proposed acquisition of American Dental by JLL Partners, Inc. a private equity firm, in a cash transaction valued at $398 million.

The investigation concerns whether the board of directors are breaching their fiduciary duties by failing to adequately shop the Company and maximize shareholder value. Under the terms of the agreement, American Dental shareholders would receive $19.00 per share in cash for each share of American Dental they own. At least one analyst has set a target share price of $21.00. American Dental's CEO and other members of senior management will continue in their roles with the Company even as shareholders get cashed out.

American Dental shareholders seeking more information about this acquisition are advised to contact Gustavo Bruckner, Esq. at gfbruckner@pomlaw.com or 212-661-1100 or toll free at 888-476-6529, ext. 302. Shareholders may also contact Rachelle R. Boyle at rrboyle@pomlaw.com or 212-661-1100 or 888-476-6529, ext. 237.

The Pomerantz Firm, with offices in New York, Chicago, and Washington, D.C., is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 70 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.

Pomerantz Haudek Grossman & Gross LLP
Rachelle R. Boyle, 212-661-1100, ext. 350
rrboyle@pomlaw.com

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