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CPII Cpi International, Inc. (MM)

19.49
0.00 (0.00%)
28 Jun 2024 - Closed
Delayed by 15 minutes
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

The Law Office of Joseph Klein is Investigating into the Possible Breaches of Fiduciary Duty by the Board of CPI Internationa...

30/11/2010 8:32pm

Business Wire


Cpi International, Inc. (MM) (NASDAQ:CPII)
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The Law Office of Joseph Klein 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 (“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.

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 Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/cpiinternational.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.

1 Year Cpi International, Inc. (MM) Chart

1 Year Cpi International, Inc. (MM) Chart

1 Month Cpi International, Inc. (MM) Chart

1 Month Cpi International, Inc. (MM) Chart