Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of Southwest Water Company - SWWC

Levi & Korsinsky is investigating potential claims against the Board of Directors of Southwest Water Company (“Southwest Water” or the “Company”) (NasdaqGS: SWWC) in connection with the proposed sale of the Company to an investor group advised by J.P. Morgan Asset Management and Water Asset Management L.L.C. (the "Investor Group"). Under the terms of the proposed transaction, Southwest Water shareholders will receive $11.00 per share in cash for each share of Southwest Water stock they own, for a total transaction value of approximately $275 million. Prior to the closing of the transaction, members of the Investor Group will invest approximately $16 million in 2.7 million newly issued Southwest Water shares under a private placement, priced at $6.00 per share.

The investigation concerns whether the Southwest Water Board of Directors breached their fiduciary duties to Southwest Water stockholders by failing to adequately shop the Company before entering into this transaction and whether the Investor Group is underpaying for Southwest Water shares, thus unlawfully harming Southwest Water stockholders.

If you are a current holder of Southwest Water and would like additional information, please contact us at the number listed below or visit http://www.zlk.com/swwc1.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.