NEW YORK, March 5, 2013 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Sauer-Danfoss
Inc. ("Sauer-Danfoss" or the "Company") (NYSE: SHS) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Danfoss A/S
("Danfoss").
Click here to learn how to join the action:
http://zlk.9nl.com/sauer-danfoss/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction Danfoss will acquire the
shares of Sauer-Danfoss does not currently own for a value of
$58.50 per share. In addition,
Sauer-Danfoss declared a dividend for the first quarter of 2013 in
which stockholders as of March 15,
2013 will receive a cash dividend of $0.35 per share, payable on March 29, 2013. The investigation concerns
whether the Sauer-Danfoss Board of Directors breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before entering into this transaction and whether Danfoss
is underpaying for Sauer-Danfoss shares, thus unlawfully harming
Sauer-Danfoss stockholders.
If you own common stock in Sauer-Danfoss and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://zlk.9nl.com/sauer-danfoss/.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, and Washington D.C. The firm
has extensive expertise in prosecuting securities litigation
involving financial fraud, representing investors throughout the
nation in securities and shareholder lawsuits. The attorneys
at Levi & Korsinsky have been appointed by numerous courts
throughout the country to serve as lead counsel on behalf of
shareholders in major securities lawsuits and have successfully
recovered multimillion-dollar damages awards on behalf of
investors. 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.com
SOURCE Levi & Korsinsky, LLP