BALA CYNWYD, Pa., Sept. 1, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Fuel Systems
Solutions, Inc. ("Fuel Systems" or "the Company") (Nasdaq-
FSYS-News) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Westport Innovations Inc. ("Westport").
Click here to learn more about the investigation
http://brodsky-smith.com/977-fsys-fuel-systems-solutions-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Fuel Systems shareholders
will receive only 2.129 shares of Westport stock for each share of
Fuel Systems stock they own. The transaction values Fuel Systems at
only approximately $7.54 per share.
The investigation concerns whether the Board of Fuel Systems
breached their fiduciary duties to shareholders and whether
Westport is underpaying for Fuel
Systems. The transaction may undervalue Fuel Systems and will
result in a substantial loss for many Fuel Systems shareholders.
For example, Fuel Systems stock traded at $10.86 per share as recently as May 6, 2015, and traded at $13.73 per share on February 13, 2014. In addition an analyst has set
a price target for Fuel Systems stock at $11.00 per share.
If you own shares of Fuel Systems and wish to discuss the legal
ramifications of the investigation, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/977-fsys-fuel-systems-solutions-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC