SHAREHOLDER ALERT: The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by ...
October 06 2012 - 9:52PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Ceradyne, Inc. (“Ceradyne” or the “Company”) (Nasdaq: CRDN) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company 3M Company
(“3M”).
Click here to learn how to join the action:
http://zlk.9nl.com/Ceradyne-CRDN, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Ceradyne shareholders will
receive $35.00 in cash for each share of Ceradyne stock they own.
The investigation concerns whether the Ceradyne Board of Directors
breached their fiduciary duties to Ceradyne stockholders by failing
to adequately shop the Company before entering into this
transaction and whether 3M is underpaying for Ceradyne shares, thus
unlawfully harming Ceradyne stockholders. In particular, at least
one analyst has set a price target for Ceradyne stock at $37.00 per
share.
If you own common stock in Ceradyne and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either
via email at jlevi@zlk.com or by telephone at (212) 363-7500,
toll-free: (877) 363-5972, or
http://zlk.9nl.com/Ceradyne-CRDN.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
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