CHECKPOINT SYSTEMS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
March 02 2016 - 10:45AM
Business Wire
Rigrodsky & Long, P.A.:
- Do you own shares of Checkpoint
Systems, Inc. (NYSE: CKP)?
- Did you purchase any of your shares
prior to March 2, 2016?
- Do you think the proposed buyout
price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. 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. (“CCL”), in a transaction
valued at approximately $443 million.
Click here to learn more:
http://rigrodskylong.com/investigations/checkpoint-systems-inc-ckp-buyout.
Under the terms of the agreement, shareholders of Checkpoint
will receive $10.15 in cash for each share of Checkpoint common
stock.
The investigation concerns whether Checkpoint’s board of
directors failed to adequately shop the Company and obtain the best
possible value for Checkpoint shareholders before entering into an
agreement with CCL. According to Yahoo! Finance, at least one
analyst has issued a price target for Checkpoint stock at $13.00
per share.
If you own the common stock of Checkpoint and purchased your
shares before March 2, 2016, if you have information or would like
to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at
(888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://rigrodskylong.com/investigations/checkpoint-systems-inc-ckp-buyout.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly prosecutes securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in
states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160302006015/en/
Rigrodsky & Long, P.A.Seth D. RigrodskyGina M.
Serra888-969-4242302-295-5310Fax:
302-654-7530info@rl-legal.comhttp://www.rigrodskylong.com
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