The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Arch Chemicals, Inc.
11 Luglio 2011 - 6:18PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Arch Chemicals, Inc. ("Arch Chemicals" or the “Company”) (NYSE:
ARJ) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Lonza
Group Ltd. (SIX: LONN). Under the terms of the transaction, Arch
Chemicals shareholders will receive $47.50 for each share of Arch
Chemicals stock they own. The transaction has a total approximate
value of $1.4 billion.
Click here to learn how to join the action:
http://www.zlk.com/arch-chemicals-arj, or call: 877-363-5972.
The investigation concerns whether the Arch Chemicals Board of
Directors breached their fiduciary duties to Arch Chemicals
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Lonza Group Ltd. is
underpaying for Arch Chemicals shares, thus unlawfully harming Arch
Chemicals stockholders.
If you own common stock in Arch Chemicals and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://www.zlk.com/arch-chemicals-arj.html.
Levi & Korsinsky is a national firm with offices in New
York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
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