WeissLawLLP: Sevcon, Inc. Acquisition May Not Be in the Best Interests of SEV Shareholders

Posted on Jul 18, 2017

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Sevcon, Inc. (NASDAQ: SEV) (“SEV” or the “Company”) in connection with the proposed acquisition of the Company by BorgWarner, Inc. (“BorgWarner”).  On July 17, 2017, the Company announced a definitive agreement for BorgWarner to acquire all outstanding shares of SEV in a transaction valued at approximately $200 million,...

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WeissLaw LLP: Neff Corporation Acquisition Is the Subject of a Legal Investigation

Posted on Jul 18, 2017

The fairness of the proposed acquisition of Neff Corporation (“NEFF” or the “Company”) (NYSE: NEFF) by H&E Equipment Services Inc. (“HEES”) (NASDAQ: HEES) is the subject of an investigation by WeissLaw LLP, a national class action and shareholder rights law firm.  The investigation focuses on possible breaches of fiduciary duty and other violations of law by the Board of Directors of NEFF for agreeing to sell the Company to HEES.  On July...

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WEISSLAW LLP: Rocket Fuel Inc. Acquisition May Not Be in the Best Interests of FUEL Shareholders

Posted on Jul 18, 2017

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Rocket Fuel Inc. (“FUEL” or the “Company”) (NASDAQ: FUEL) in connection with the proposed acquisition of the Company by Sizmek Inc. (“Sizmek).  Under the terms of the acquisition agreement, the Company’s shareholders will receive $2.60 in cash for each FUEL share they own. WeissLaw is investigating whether FUEL’s Board...

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SHAREHOLDER ALERT: WeissLaw LLP Investigates the Acquisition of Hawaiian Telcom Holdco, Inc.

Posted on Jul 17, 2017

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Hawaiian Telcom Holdco, Inc. (“HCOM” or the “Company”) (NASDAQ: HCOM) in connection with the proposed acquisition of the Company by Cincinnati Bell, Inc. (“CBB”) (NYSE: CBB).  Under the terms of the agreement, the Company’s shareholders can elect to receive $30.75 in cash, or 1.6305 shares of CBB common stock, or a...

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WEISSLAW LLP: Sparton Corporation Acquisition May Not Be in the Best Interests of SPA Shareholders

Posted on Jul 13, 2017

WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Sparton Corporation (“SPA” or the “Company”) (NYSE: SPA) in connection with the proposed acquisition of the Company by Ultra Electronics Holdings Plc (“Ultra”).  Under the terms of the acquisition agreement, the Company’s shareholders will receive $23.50 in cash for each SPA share they own. WeissLaw is investigating whether...

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