The Law Firm of Weiss & Lurie Announces Investigation of Servidyne, Inc.
28 Junho 2011 - 4:32PM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of Servidyne, Inc.
(Nasdaq: SERV) arising from its proposed acquisition by Scientific
Conservation, Inc.
Under the terms of the transaction, Servidyne shareholders will
receive $3.50 per share in cash. Weiss & Lurie is investigating
whether Servidyne’s Board acted in the best interests of
shareholders in approving the transaction and whether the Board
properly sought to maximize shareholder value. Servidyne reported a
book value of $3.59 per share in their most recent financial
quarter.
If you own Servidyne shares and would like more information
about your rights as a shareholder or additional information
concerning our investigation, please contact Michael A. Rogovin
either by email at info@weisslurie.com or by telephone at (888)
593-4771.
Weiss & Lurie has litigated hundreds of stockholder class
and derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
institutions and individuals and obtained important corporate
governance in these cases. If you have information or would like
legal advice concerning possible corporate wrongdoing (such as
insider trading, waste of corporate assets, accounting fraud, or
issuing materially misleading press releases or SEC filings),
consumer fraud (such as false advertising, defective products, or
other deceptive business practices), or anti-trust violations,
please email us at info@weisslurie.com or fill out the form on our
website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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