PMFG, INC. INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of PMFG, Inc. Over the Proposed Sale of the Compa...
18 Maggio 2015 - 8:15PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of PMFG, Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of PMFG, Inc. (“PMFG” or the
“Company”) (Nasdaq:PMFG) for potential breaches of fiduciary duties
in connection with the sale of the Company to CECO Environmental
Corp. (“CECO”) (Nasdaq: CECE) for approximately $150 million equity
value in a cash or stock transaction. The Company’s stockholders
will elect to receive $6.85 in either cash or stock for each share
of PMFG common stock they own. Additionally, at least one analyst
has set a price target for PMFG as high as $9.50 per share.
Click here for more information:
www.faruqilaw.com/PMFG. There is no cost or obligation to
you.
The investigation focuses on whether PMFG’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct a fair sales process and whether and by how much
this proposed transaction undervalues the Company to the detriment
of PMFG’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in PMFG and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/PMFG or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150518006567/en/
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Grafico Azioni (MM) (NASDAQ:PMFG)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni (MM) (NASDAQ:PMFG)
Storico
Da Giu 2023 a Giu 2024