The Law Office Of Joseph Klein Is Investigating Possible Breaches Of Fiduciary Duty By The Board Of Applied Signal Technology, Inc. In Connection With The Sale Of The Company To Raytheon Company – APSG
The Law Office of Joseph Klein is investigating the Board of Directors of Applied Signal Technology, Inc. (“Applied Signal”) (NasdaqGS: APSG) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Raytheon Company (NYSE: RTN). Under the terms of the proposed transaction, Raytheon will acquire Applied Signal in a cash tender offer of $38.00 per share for a total transaction value of approximately $490 million.
The investigation concerns whether the Applied Signal Board of Directors breached their fiduciary duties to Applied Signal stockholders by failing to adequately shop the Company before entering into this transaction and whether Raytheon is underpaying for Applied Signal shares. The offer price represents only an eight-percent premium to Applied Signal’s closing price on December 17, 2010.
If you own common stock in Applied Signal and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at email@example.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://goo.gl/CRDk1.
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV