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Microcap & Penny Stocks : Zia Sun(zsun)

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From: StockDung2/18/2009 6:45:16 PM
   of 10354
 
Levi & Korsinsky, LLP Investigates Breach of Fiduciary Duty
by the Board of thinkorswim Group Inc.
*T
NEW YORK, Jan. 8, 2009 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP is
investigating breaches of fiduciary duty and other violations of state
law by the board of directors of thinkorswim Group Inc. ("thinkorswim"
or the "Company") (Nasdaq:SWIM) arising out of their attempt to sell
the Company to TD Ameritrade Holding Corp. ("Ameritrade"). Under the
terms of the agreement, shareholders of thinkorswim will receive $3.34
cash and 0.398 shares of Ameritrade for every share they hold of
thinkorswim, or about $8.71 per share based on Ameritrade's closing
price Wednesday of $13.48 per share. The transaction appears to be
unfair and undervalues the Company's shares given that thinkorswim's
shares traded as high as $9.45 per share as recently as October 3, 2008
and traded over $17.00 per share back in 2008.

If you own common stock in thinkorswim and wish to obtain additional
information, please contact us at the number listed below or visit
zlk.com
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