SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation into Possible Breaches of Fiduciar
SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation into Possible Breaches of Fiduciary Duty by Board of Flow International Corporation In Connection With Sale Of Company to American Industrial Partners
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.:
- Do you own shares of Flow International Corporation (NASDAQ GS: FLOW )?
- Did you purchase any of your shares prior to September 25, 2013?
- 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 Flow International Corporation ("Flow" or the "Company") (NASDAQ GS: FLOW) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by American Industrial Partners ("AIP") in a transaction valued in excess of $200 million.
Click here to learn more: http://rigrodskylong.com/investigations/flow-international-corporation-flow.
Under the terms of the agreement, public shareholders of Flow will receive $4.05 per share in cash for each share of Flow they own.
The investigation concerns whether Flow's board of directors failed to adequately shop the Company and obtain the best possible value for Flow's shareholders before entering into an agreement with AIP.
If you own the common stock of Flow and purchased your shares before September 25, 2013, 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 Rigrodsky or Gina Serra at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to firstname.lastname@example.org, or at: http://rigrodskylong.com/investigations/flow-international-corporation-flow.
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.
KEYWORDS: United States North America Delaware New York
The article SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation into Possible Breaches of Fiduciary Duty by Board of Flow International Corporation In Connection With Sale Of Company to American Industrial Partners originally appeared on Fool.com.Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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