×

Brower Piven Announces Class Action Lawsuit in Connection With Claims of Breaches of Fiduciary Duty by the Board of Directors of AMCOL International Corporation in Connection With the Sale of the Company to Imerys S.A. -- ACO

STEVENSON, Md., Feb. 21, 2014 (GLOBE NEWSWIRE) -- The securities litigation firm of Brower Piven, A Professional Corporation, announces that a class action lawsuit has been commenced in Illinois state court on behalf of all common stockholders of AMCOL International Corporation ("AMCOL" or the "Company") (NYSE:ACO).

According to the complaint, under the terms of the proposed transaction, AMCOL shareholders will receive $41 for each share of AMCOL common stock they own. The claims concern whether the AMCOL Board of Directors breached their fiduciary duties to stockholders by failing to maximize shareholder value before agreeing to enter into this transaction, and whether Imerys S.A. is underpaying for AMCOL shares.

If you currently own common stock of AMCOL International Corporation and would like to learn more about the lawsuit, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at hoffman@browerpiven.com, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.

CONTACT: Brower Piven, A Professional Corporation Stevenson, Maryland Charles J. Piven, 410-415-6616 hoffman@browerpiven.comSource: Brower Piven, A Professional Corporation