EQUITY ALERT: The Rosen Law Firm Announces Investigation Of Pike Corporation (PIKE) Going Private Transaction

The Rosen Law Firm, P.A. is investigating the Board of Directors of Pike Corporation (NYSE: PIKE) for possible breaches of fiduciary duties and other violations of law concerning Pike Corporation’s entry into an agreement to be taken private by Court Square Capital Partners and Pike Corporation’s Chairman and Chief Executive Officer, J. Eric Pike.

If you would like to join the action, please call Phillip Kim, Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the going private proposal, shareholders will receive $12.00 in cash for each share of Pike Corporation they own. The proposed transaction is valued at approximately $383 million. The investigation relates to whether the going private proposal is fair to public shareholders and whether Pike Corporation’s Board of Directors breached its fiduciary duties in connection with the going private proposal.

If you currently own Pike Corporation stock and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-328.html. You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

Copyright Business Wire 2010

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