It appears as though there may have been some foul play by the board of directors at Investools (Ticker : SWIM). The company is being bought by TD Ameritrade for $3.34 cash and 0.398 shares of TD Ameritrade common stock . The lawsuit questions whether the board acted in the best interest of shareholders.
In other news. Investoold is a major sponsor of the new CNBC options show. By now you have some of my feelings for the Investools scam of over charging for information. I do have a high regard for CNBC though.
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