The Law Office of Abe Shainberg Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of CPI In...

The Law Office of Abe Shainberg is investigating the Board of Directors of CPI International Inc. (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. 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.

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 Abe Shainberg, Esq. either via email at [e-mail] or by telephone at [phone], or visit http://www.ashainberglaw.com/contact.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide.