Brower Piven Announces Class Action Lawsuit in Connection With Claims of Breaches of Fiduciary Duty by the Board of Directors...
11 Março 2014 - 3:53PM
The securities litigation firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been
commenced in the Connecticut Superior Court, Danbury Judicial
District, on behalf of all common stockholders of ATMI, Inc.
("ATMI" or the "Company") (Nasdaq:ATMI) asserting claims that the
members of the Company's board of directors have breached fiduciary
duties they owe to ATMI shareholders.
ATMI recently announced that it has entered into a definitive
merger agreement to be acquired by Entegris, Inc. ("Entegris").
Under the terms of the agreement, ATMI shareholders will receive
$34.00 per share in cash for each share of ATMI they own. The
claims asserted in the lawsuit concern whether the ATMI Board of
Directors breached their fiduciary duties to stockholders by
failing to maximize shareholder value before agreeing to enter into
this transaction, and whether Entegris is underpaying for ATMI
shares.
If you currently own common stock of ATMI and would like to
learn more about the lawsuit, you may email or call Brower Piven,
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Brower Piven by email at
hoffman@browerpiven.com, by calling (410) 415-6616, or at Brower
Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson,
Maryland 21153. The senior attorneys at Brower Piven have combined
experience litigating securities and other class action cases of
over 100 years.
CONTACT: Brower Piven, A Professional Corporation
Stevenson, Maryland
Charles J. Piven, 410-415-6616
hoffman@browerpiven.com
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