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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Cpi International, Inc. (MM) | NASDAQ:CPII | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 19.49 | 0 | 01:00:00 |
Levi & Korsinsky is investigating the Board of Directors of CPI International Inc. (“CPI” or the “Company”) (NasdaqGS:CPII) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Veritas Capital (“Veritas”). Under the terms of the transaction, CPI shareholders will receive $19.50 per share in cash for each share they own for a total transaction value of approximately $525 million.
Click here to learn how to join the action: http://www.zlk.com/cpi-international-cpii.html, or call: 877-363-5972.
The investigation concerns whether the CPI Board of Directors breached their fiduciary duties to CPI stockholders by failing to adequately shop the Company before entering into this transaction and whether Veritas is underpaying for CPI shares.
If you own common stock in CPI 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://www.zlk.com/cpi-international-cpii.html.
Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
1 Year Cpi International, Inc. (MM) Chart |
1 Month Cpi International, Inc. (MM) Chart |
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