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Law Office of Brodsky & Smith, LLC Announces Investigation of Williams Controls, Inc.
By: PR Newswire
Nov. 3, 2012 12:01 PM
BALA CYNWYD, Pa., Nov. 3, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Williams Controls, Inc. ("Williams Controls" or the "Company") (NYSE: WMCO) relating to the proposed acquisition by Curtiss-Wright Corporation. ("Curtiss-Wright").
Under the terms of the transaction, Williams Controls shareholders will receive only $15.42 in cash for each share on Williams Controls common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Williams Controls for not acting in the Company's shareholders' best interests in connection with the sale process to Curtiss-Wright Corporation. The investigation seeks to determine if the price being paid is fair and if conflicts of interests played a role in the transaction
If you own shares of Williams Controls stock and wish to discuss the legal ramifications of the proposed transaction, 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 visiting http://www.brodsky-smith.com/497-wmco-williams-controls-inc.html, by calling toll free 877-LEGAL-90.
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SOURCE Brodsky & Smith, LLC
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