The Law Office of Abe Shainberg is investigating the Board of Directors of Spectrum Control, Inc. (Nasdaq: SPEC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to API Technologies Corporation (OTCBB: ATNY.OB). Under the terms of the proposed transaction, Spectrum shareholders will receive $20.00 per share for a total transaction value of approximately $270 million.
The investigation concerns whether the Spectrum Board of Directors breached their fiduciary duties to Spectrum stockholders by failing to adequately shop the Company before entering into this transaction and whether API Technologies is underpaying for Spectrum shares.
If you own common stock in Spectrum and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/spectrum-control-spec.html.
Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Abe Shainberg, Esq.
132 East 43rd Street, Suite 512
New
York, NY 10017
Tel: (212) 425-7286
Fax: (866) 699.3880
Email:
as@ashainberglaw.com
Contacts:
Abe Shainberg, Esq.
(212) 425-7286
as@ashainberglaw.com
http://www.ashainberglaw.com/spectrum-control-spec.html
