The Law Office of Joseph Klein is investigating the Board of Directors of Todd Shipyards Corporation (NYSE: TOD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Vigor Industrial LLC. Under the terms of the transaction, Todd shareholders will receive $22.27 in cash per share for a total transaction value of approximately $130 million.

The investigation concerns whether the Todd Board of Directors breached their fiduciary duties to Todd stockholders by failing to adequately shop the Company before entering into this transaction and whether Vigor is underpaying for Todd shares.

If you own common stock in Todd and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/todd-shipyards.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

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