PMFG, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of Buyout
05 Maio 2015 - 3:30PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of PMFG, Inc.
(NASDAQ GS: PMFG)?
- Did you purchase any of your shares
prior to May 4, 2015?
- Do you think the proposed buyout
value is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of PMFG, Inc.
(“PMFG” or the “Company”) (NASDAQ GS:PMFG) regarding possible
breaches of fiduciary duties and other violations of law related to
the Company’s entry into an agreement to be acquired by CECO
Environmental Corp. (“CECO”) (NASDAQ GS:CECE), in a transaction
valued at approximately $130 million.
Click here to learn more:
http://rigrodskylong.com/investigations/pmfg-inc-pmfg.
Under the terms of the agreement, shareholders of PMFG may elect
to exchange each share of PMFG common stock for either $6.85 in
cash or shares of CECO common stock.
The investigation concerns whether PMFG’s board of directors
failed to adequately shop the Company and obtain the best possible
value for PMFG’s shareholders before entering into an agreement
with CECO.
If you own the common stock of PMFG and purchased your shares
before May 4, 2015, if you have information or would like to learn
more about these claims, or if you wish to discuss these matters or
have any questions concerning this announcement or your rights or
interests with respect to these matters, please contact Seth D.
Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter
Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888)
969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/pmfg-inc-pmfg.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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