The Law Offices of Vincent Wong Announce an Investigation of Arch Chemicals, Inc.
19 Luglio 2011 - 9:05PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of Arch Chemicals, Inc. (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 deal transaction, Arch Chemicals shareholders will
receive $47.50 per share in cash for each Arch Chemicals stock they
own. The transaction has a total approximate value of $1.4
billion.
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.
If you own common stock in Arch Chemicals and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/arch-chemicals-inc.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
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