INVESTOR ALERT Levi & Korsinsky, LLP Announces Investigation of AMERICAN PACIFIC CORPORATION & Its Board of Directors In Conn...
January 10 2014 - 11:50AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
American Pacific Corporation (“American Pacific” or “the Company”)
(NasdaqGS: APFC) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to H.I.G. Capital, LLC.
Click here to learn more about the action
http://zlk.9nl.com/american-pacific-apfc, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, American Pacific
shareholders will receive $46.50 for each share of American Pacific
stock they own. The investigation concerns whether the American
Pacific Board breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether H.I.G. Capital, LLC is
underpaying for American Pacific shares. In particular, American
Pacific shares traded above the offer price as recently as October
28, 2013.
If you own American Pacific common stock and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/american-pacific-apfc.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq.Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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