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CKP Checkpoint Systms, Inc.

10.14
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Checkpoint Systms, Inc. NYSE:CKP NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.14 0 01:00:00

SHAREHOLDER ALERT: Brower Piven Commences an Investigation into the Proposed Sale of Checkpoint Systems, Inc. & Encourages In...

08/03/2016 9:01pm

Business Wire


Checkpoint (NYSE:CKP)
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From May 2019 to May 2024

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The securities litigation law firm of Brower Piven, A Professional Corporation, announces that it is investigating potential legal claims against the board of directors of Checkpoint Systems, Inc. (“Checkpoint” or the “Company”) (NYSE: CKP) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by an affiliate of CCL Industries Inc., in a transaction valued at approximately $443 million.

Under the terms of the agreement, shareholders of Checkpoint will receive $10.15 in cash for each share of Checkpoint common stock held. The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock. According to Yahoo! Finance, at least one analyst has issued a price target for Checkpoint stock at $13.00 per share.

If you currently own the Company’s common stock and believe that the proposed buyout price is too low, or you would like to learn more about the investigation being conducted by Brower Piven, please visit our website at http://www.browerpiven.com/currentinvestigations.html. You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

Brower Piven, A Professional CorporationCharles J. Piven, 410-415-66161925 Old Valley RoadStevenson, Maryland 21153hoffman@browerpiven.com

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