The Law Firm of Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by the Board of P.F.

Fri May 4, 2012 10:00am EDT

* Reuters is not responsible for the content in this press release.

  NEW YORK, NY, May 04 (Marketwire) -- 
Levi & Korsinsky notifies investors of P.F. Chang's China Bistro, Inc.
("P.F. Chang's") (NASDAQ: PFCB) of claims of breaches of fiduciary duty
and other violations of state law against the board of directors of the
Company in connection with the sale of the Company to Centerbridge
Partners, L.P. Under the terms of the transaction, P.F. Chang's
shareholders will receive $51.50 per share of P.F. Chang's stock they
own. The transaction has a value of approximately $1.1 billion. A
complaint was filed in Arizona state court.

    Click here to learn how to join the action:
http://zlk.9nl.com/pf-changs-china-bistro-pfcb, or call: 877-363-5972.
There is no cost or obligation to you.

    The claims concern whether the P.F. Chang's Board of Directors breached
their fiduciary duties to P.F. Chang's stockholders by failing to
adequately shop the Company before entering into this transaction and
whether Centerbridge Partners, L.P. is underpaying for P.F. Chang's
shares, thus unlawfully harming P.F. Chang's stockholders. 

    If you own common stock in P.F. Chang's and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://zlk.9nl.com/pf-changs-china-bistro-pfcb.

    Levi & Korsinsky is a national firm with offices in New York and
Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. The
attorneys at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of shareholders
in major securities lawsuits and have successfully recovered
multimillion-dollar damages awards on behalf of investors. For more
information, please feel free to contact any of the attorneys listed
below. Attorney advertising. Prior results do not guarantee similar
outcomes.

    

CONTACT: 
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor 
New York, NY 10004 
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com 

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