POLYPORE INTERNATIONAL SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Polypore International, Inc. (P...
March 04 2015 - 8:00PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Polypore International, Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Polypore International,
Inc. (“Polypore” or the “Company”) (NYSE:PPO) for potential
breaches of fiduciary duties in connection with the sale of the
Company to Asahi Kasei Corp. for approximately $2.2 billion. The
Company’s stockholders will only receive $60.50 for each share of
Polypore common stock they own.
Click here for more information:
www.faruqilaw.com/PPO. There is no cost or obligation to
you.
The investigation focuses on whether Polypore’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Polypore’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
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If you own common stock in Polypore and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/PPO or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330