SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Chemtura Corporation Buyout
26 Ottobre 2016 - 10:17PM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Chemtura
Corporation (NYSE: CHMT)?
- Did you purchase any of your shares
prior to September 26, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Chemtura
Corporation (“Chemtura” or the “Company”) (NYSE: CHMT) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company’s entry into an agreement to be acquired by
LANXESS AG (“LANXESS”), in a transaction valued at approximately
$2.5 billion.
Click here to learn more:
http://rigrodskylong.com/investigations/chemtura-corporation-chmt.
Under the terms of the agreement, shareholders of Chemtura will
receive $33.50 in cash for each share of Chemtura common stock.
The investigation concerns whether Chemtura’s board of directors
failed to adequately shop the Company and obtain the best possible
value for Chemtura shareholders before entering into an agreement
with LANXESS.
If you own the common stock of Chemtura and purchased your
shares before September 26, 2016, if you have information or would
like to learn more about these claims, or if you wish to discuss
these matters or have any questions concerning this announcement or
your rights or interests with respect to these matters, please
contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long,
P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by
telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/chemtura-corporation-chmt.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20161026006845/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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