SHAREHOLDER ALERT: Brower Piven Announces Class Action Lawsuit in Connection With Claims of Breaches of Fiduciary Duty by the...
25 Abril 2014 - 3:06PM
The securities litigation law firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been
commenced in the Delaware Court of Chancery on behalf of all common
stockholders of Zygo Corporation ("Zygo" or the "Company")
(Nasdaq:ZIGO) asserting claims that the members of the Company's
board of directors have breached fiduciary duties they owe to Zygo
shareholders.
Zygo recently announced that it has entered into a definitive
merger agreement to be acquired by AMETEK, Inc. ("AMETEK").
According to the complaint, under the terms of the proposed
transaction, Zygo shareholders will receive $19.25 per share in
cash for each share of Zygo they own. The claims asserted in the
lawsuit concern whether the Company's Board of Directors breached
their fiduciary duties to stockholders by failing to maximize
shareholder value before agreeing to enter into this transaction,
and whether AMETEK is underpaying for Zygo shares.
If you currently own common stock of Zygo and would like to
learn more about this lawsuit and your ability to participate as a
plaintiff, without cost or obligation to you, click here:
http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven
either by email at hoffman@browerpiven.com or by telephone at (410)
415-6616. Attorneys at Brower Piven together have more than a
century of experience litigating securities and other class action
cases.
CONTACT: Charles J. Piven
Brower Piven, A Professional Corporation
1925 Old Valley Road
Stevenson, Maryland 21153
Telephone: 410-415-6616
hoffman@browerpiven.com
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