SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Cameron International Corp. (CAM) Over the Proposed S...
August 28 2015 - 3:41PM
Business Wire
Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York City, is investigating
the Board of Directors of Cameron International Corporation
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Cameron International Corporation (“Cameron” or the
“Company”) (NYSE:CAM) for potential breaches of fiduciary duties in
connection with the sale of the Company for approximately $14.8
billion in a cash and stock.
The Company’s stockholders will only receive 0.716 shares of the
Schlumberger common stock and $14.44 in cash for each Cameron
share, or $67.54 per share in August 28, 2015 prices. However, the
offer is significantly lower than the 52-week high and at least one
analyst’s estimated value of $76.00 per share
Click here for more information:
www.faruqilaw.com/CAM. There is no cost or
obligation to you.
The investigation focuses on whether Cameron’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this transaction undervalues the Company to the
detriment of Cameron’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Cameron and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/CAM.
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your case.
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Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
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