Zygo Corporation Merger Litigation (Nasdaq: ZIGO)
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Zygo Corporation- ZIGO
BALA CYNWYD, April 11, 2014 /PR Newswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Zygo Corporation (“Zygo” or the “Company”) (Nasdaq –ZIGO-News) relating to the proposed acquisition by AMETEK, Inc.
Under the terms of the transaction, Zygo shareholders will now receive only $19.25 in cash for each share of Zygo stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Zygo for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may undervalue Zygo and will result in a loss or no real gain for many long term holders of Zygo stock. For example, the premium being paid to Zygo shareholders is below the premium paid in comparable transactions and Zygo stock traded at $20.13 on May 2, 2012.
If you own shares of Zygo common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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