WILMINGTON, Del., June 24, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of Sutron Corporation (NASDAQ CM:
STRN)?
- Did you purchase any of your shares prior to June 22, 2015?
- 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 Sutron
Corporation ("Sutron" or the "Company") (NASDAQ CM: STRN) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company's entry into an agreement to be acquired by
an affiliate of Hach Company ("Hach"), in a transaction valued at
approximately $39 million.
Click here to learn more:
http://rigrodskylong.com/investigations/sutron-corporation-strn.
Under the terms of the agreement, shareholders of Sutron will
receive $8.50 in cash for each share
of Sutron they own.
The investigation concerns whether Sutron's board of directors
failed to adequately shop the Company and obtain the best possible
value for Sutron's shareholders before entering into an agreement
with Hach.
If you own the common stock of Sutron and purchased your shares
before June 22, 2015, 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/sutron-corporation-strn.
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.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/sutron-corporation-shareholder-alert-rigrodsky--long-pa-announces-investigation-of-buyout-300104239.html
SOURCE Rigrodsky & Long, P.A.