The Law Office of Abe Shainberg Announces Investigation of Servidyne, Inc.
01 Luglio 2011 - 1:22AM
Business Wire
The Law Office of Abe Shainberg is investigating the Board of
Directors of Servidyne, Inc. (NASDAQ: SERV) for possible breaches
of fiduciary duty and other violations of state law in connection
with the sale of the Company to Scientific Conservation, Inc. Under
the terms of the transaction, Servidyne shareholders will receive
$3.50 per share for a total transaction value of approximately $13
million.
To get more information, click here:
http://www.ashainberglaw.com/servidyne-inc.html.
The investigation concerns whether the Servidyne Board of
Directors breached their fiduciary duties to Servidyne stockholders
by failing to adequately shop the Company before entering into this
transaction and whether Scientific Conservation, Inc. is
underpaying for Servidyne shares. Servidyne reported a book value
of $3.59 per share for the most recent quarter.
If you own common stock in Servidyne and wish to obtain
additional information, please contact Abe Shainberg, Esq. either
via email at as@ashainberglaw.com or by telephone at (212)
425-7286, or visit
http://www.ashainberglaw.com/servidyne-inc.html.
Mr. Shainberg has expertise in prosecuting investor securities
litigation, is a certified and registered arbitrator and mediator
involving financial matters, and represents investors in various
matters nationwide. Attorney advertising. Prior results do not
guarantee similar outcomes.
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