Rigrodsky & Long, P.A.:
  • Do you own shares of Axiall Corporation (NYSE: AXLL )?
  • Did you purchase any of your shares prior to June 10, 2016?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Axiall Corporation ("Axiall" or the "Company") (NYSE: AXLL) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Westlake Chemical Corporation ("Westlake") (NYSE: WLK), in a transaction valued at approximately $3.8 billion.

Click here to learn more: http://rigrodskylong.com/investigations/axiall-corporation-axll.

Under the terms of the agreement, shareholders of Axiall will receive $33.00 in cash for each share of Axiall common stock.

The investigation concerns whether Axiall's board of directors failed to adequately shop the Company and obtain the best possible value for Axiall shareholders before entering into an agreement with Westlake.

If you own the common stock of Axiall and purchased your shares before June 10, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com, or at: http://rigrodskylong.com/investigations/axiall-corporation-axll.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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

View source version on businesswire.com: http://www.businesswire.com/news/home/20160610005546/en/

Copyright Business Wire 2010