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SERV Serve Robotics Inc

1.90
-0.01 (-0.52%)
Last Updated: 15:00:03
Delayed by 15 minutes
Share Name Share Symbol Market Type
Serve Robotics Inc NASDAQ:SERV NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -0.52% 1.90 1.89 1.95 1.9499 1.87 1.87 12,670 15:00:03

The Law Firm of Weiss & Lurie Announces Investigation of Servidyne, Inc.

28/06/2011 8:32pm

Business Wire


Serve Robotics (NASDAQ:SERV)
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Weiss & Lurie, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Servidyne, Inc. (Nasdaq: SERV) arising from its proposed acquisition by Scientific Conservation, Inc.

Under the terms of the transaction, Servidyne shareholders will receive $3.50 per share in cash. Weiss & Lurie is investigating whether Servidyne’s Board acted in the best interests of shareholders in approving the transaction and whether the Board properly sought to maximize shareholder value. Servidyne reported a book value of $3.59 per share in their most recent financial quarter.

If you own Servidyne shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Michael A. Rogovin either by email at info@weisslurie.com or by telephone at (888) 593-4771.

Weiss & Lurie has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (such as insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading press releases or SEC filings), consumer fraud (such as false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslurie.com or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.

Attorney Advertising. Past results do not guarantee a similar outcome.

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