Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Williams Controls, Inc. (“Williams Controls”) (NYSE MKT: WMCO) to Curtiss-Wright for shareholders. Under the proposed sale, Williams Controls shareholders will only receive $15.42 in cash for each share of Williams Controls common stock owned in a deal valued at approximately $119 million.
If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Patrick Powers at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at email@example.com, or Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 706-9314, or via email at WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The Williams Controls sale investigation centers on whether Williams Controls shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues Williams Controls stock, and whether Williams Controls’ board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Willie Briscoe stated that “we believe that the transaction may undervalue Williams Controls stock, so our lawsuit will seek to obtain the highest share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.