The Law Offices Of Vincent Wong Announce An Investigation Into Possible Breaches Of Fiduciary Duty By The Board Of Rural/Metro Corporation In Connection With The Sale Of The Company To Warburg Pincus – RURL
The Law Offices of Vincent Wong are investigating the Board of Directors of Rural/Metro Corporation (Nasdaq: RURL) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to private equity firm Warburg Pincus. Under the terms of the proposed deal, Rural/Metro shareholders will receive $17.25 cash per share for a total transaction value of $438.2 million.
The investigation concerns whether the Rural/Metro Board of Directors breached their fiduciary duties to Rural/Metro stockholders by failing to adequately shop the Company before entering into this transaction and whether Warburg Pincus is underpaying for Rural/Metro shares. According to Thomson/First Call, one analyst set a price target for Rural/Metro stock at $18.00 per share.
If you own common stock in Rural/Metro and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.584.2740, or visit http://www.wongesq.com/rural-metro-corp.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:Vincent Wong, Esq.39 East BroadwaySuite 304New York, NY 10002Tel. 212.584.2740Fax. 866.367.6510E-Mail: vw@wongesq.comSelect the service that is right for you!
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