Ryan & Maniskas, LLP Announces Investigation of AmeriCredit Corporation

earth times ^ | 7/22/10 | Ryan & Maniskas, LLP

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WAYNE, Pa. - (Business Wire) Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/acf) is investigating potential claims against the board of directors of AmeriCredit Corporation ("AmeriCredit" or the "Company") (NYSE: ACF) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by General Motors Corporation (“GM”) in a transaction valued at approximately $3.5 billion.

Our investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by Company’s board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of AmeriCredit. Two of the company’s largest shareholders, owning nearly 50% of the AmeriCredit stock, have representatives on AmeriCredit’s Board who voted for the transaction. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit: www.rmclasslaw.com/cases/acf.

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The list, ping

[kbennkc]

Ever see the great Lee Marvin in the movie “Point Blank”? He shows how to properly test drive a vehicle. Coming to an Obama Motors dealership near you.

http://www.youtube.com/watch?v=TRj7sTZpf7M

around 56 seconds in.