NEW YORK, Feb. 5, 2014 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of American Pacific Corporation ("American Pacific" or "the Company") (Nasdaq:APFC) of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to H.I.G. Capital, LLC. A complaint was filed in Nevada state court.
Click here to learn more about the action http://zlk.9nl.com/american-pacific-apfc, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, American Pacific shareholders will receive $46.50 for each share of American Pacific stock they own. The claims concern whether the American Pacific Board breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether H.I.G. Capital, LLC is underpaying for American Pacific shares. In particular, American Pacific shares traded above the offer price as recently as October 28, 2013.
If you own American Pacific common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/american-pacific-apfc.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510 www.zlk.comSource:Levi & Korsinsky, LLP