STEVENSON, Md., April 25, 2014 (GLOBE NEWSWIRE) -- The securities litigation law firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in the Delaware Court of Chancery on behalf of all common stockholders of Zygo Corporation ("Zygo" or the "Company") (Nasdaq:ZIGO) asserting claims that the members of the Company's board of directors have breached fiduciary duties they owe to Zygo shareholders.
Zygo recently announced that it has entered into a definitive merger agreement to be acquired by AMETEK, Inc. ("AMETEK"). According to the complaint, under the terms of the proposed transaction, Zygo shareholders will receive $19.25 per share in cash for each share of Zygo they own. The claims asserted in the lawsuit concern whether the Company's Board of Directors breached their fiduciary duties to stockholders by failing to maximize shareholder value before agreeing to enter into this transaction, and whether AMETEK is underpaying for Zygo shares.
If you currently own common stock of Zygo and would like to learn more about this lawsuit and your ability to participate as a plaintiff, without cost or obligation to you, click here: http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven either by email at firstname.lastname@example.org or by telephone at (410) 415-6616. Attorneys at Brower Piven together have more than a century of experience litigating securities and other class action cases.
CONTACT: Charles J. Piven Brower Piven, A Professional Corporation 1925 Old Valley Road Stevenson, Maryland 21153 Telephone: 410-415-6616 email@example.comSource: Brower Piven, A Professional Corporation