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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Southwest Water (MM) | NASDAQ:SWWC | 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% | 10.99 | 0 | 01:00:00 |
Robbins Umeda LLP has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SouthWest Water Company ("Southwest Water") (NASDAQ:SWWC) in connection with their decision to pursue the sale of SouthWest Water to an institutional investor group, which is being advised by J.P. Morgan Asset Management and Water Asset Management L.L.C. If the transaction is approved, SouthWest Water shareholders will receive $11.00 per share in cash for each share of SouthWest Water.
Robbins Umeda LLP's investigation concerns whether SouthWest Water's Board of Directors' acceptance and recommendation of the institutional investor group's offer was the result of a fair process designed to secure the best possible price for all SouthWest Water's shareholders.
If you are a shareholder of SouthWest Water and would like more information about your rights as a shareholder, please contact attorney Lauren Levi at 800-350-6003 or by e-mail at llevi@robbinsumeda.com.
Robbins Umeda LLP is a California-based law firm with significant experience representing investors in merger-related shareholder class actions, shareholder derivative actions, and securities fraud class actions. For more information about the firm, please go to http://www.robbinsumeda.com.
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