Rosen Law Firm Announces Investigation of Cybex International, Inc. In Connection With Going Private Transaction Proposed by ...
October 18 2012 - 4:13AM
Business Wire
The Rosen Law Firm is investigating the Board of Directors of
Cybex International, Inc. (NASDAQ: CYBI) for possible breaches of
fiduciary duty and other violations of state law in connection with
the going private transaction proposed by its Chairman and CEO, a
Director and UM Holdings, Ltd.
If you would like to join the action please email or call
Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the transaction, shareholders will receive
$2.55 for each share of Cybex. The investigation relates to whether
the transaction is fair to public shareholders and whether Cybex’s
Board breached its fiduciary duties in connection with the
Transaction.
If you own Cybex common stock and wish to obtain additional
information, you may contact Phillip Kim or Kevin Chan of The Rosen
Law Firm toll free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
Cybex International, Inc. (MM) (NASDAQ:CYBI)
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