Aftermarket (NASDAQ:ATAC)
Historical Stock Chart
3 Years : From May 2010 to May 2013
The Law Office of Joseph Klein is investigating the Board of Directors
of ATC Technology Corporation (NasdaqGS: ATAC) for possible breaches of
fiduciary duty and other violations of state law in connection with
their attempt to sell the Company to GENCO Distribution System, Inc.,
("GENCO"). Under the terms of the transaction, ATC Technology
shareholders will receive $25.00 in cash for each ATC Technology share
of common stock they own for a total transaction value of approximately
$513 million.
The investigation concerns whether the ATC Technology Board of Directors
breached their fiduciary duties to ATC Technology stockholders by
failing to adequately shop the Company before entering into this
transaction and whether GENCO is underpaying for ATC Technology shares.
The proposed price offers virtually no premium over the $24.98 price the
Company's shares traded at as recently as March 10, 2010 and at least
one analyst set a price target for ATC Technology stock at $30.00 per
share.
If you own common stock in ATC Technology and wish to obtain additional
information about this investigation and what is being done to advance
the shareholders’ interests, please contact Joseph Klein, Esq. directly,
via email at jk@jkleinlawfirm.com,
by telephone at 718-947-0005, Toll Free: 877-STOK-180, or http://www.jkleinlawfirm.com/atc-technology-atac.html.
All consultations are confidential and free of charge.
To share your views on the proposed merger transaction and to see how
other shareholders plan on voting, go to http://buyoutorsellout.com/web/mergers/atc-technology.html.
Joseph Klein, Esq. is an experienced attorney and has also practiced as
a Certified Public Accountant. Mr. Klein represents investors and
participates in securities litigations involving financial fraud
throughout the nation.
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