Harwood Feffer LLP Announces Investigation of General Bearing Corp.

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NEW YORK--(BUSINESS WIRE)--

Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of General Bearing Corp. (“General Bearing” or the “Company”) (OTC: GNRL.PK) concerning the proposed acquisition of the Company by SKF Group (“SKF”) in a transaction valued at approximately $125 million.

On February 13, 2012, General Bearing and SKF announced that they have entered into a definitive merger agreement pursuant to which SKF will acquire General Bearing for $28.00 per share in cash.

Our investigation concerns whether the board of directors is fulfilling its fiduciary duties, maximizing the value of General Bearing, disclosing all material benefits and costs and obtaining full and fair consideration for General Bearing shareholders.

If you own General Bearing shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.

Benjamin Sachs-Michaels

Harwood Feffer LLP

488 Madison Avenue

New York, New York 10022

Phone Numbers: (877) 935-7400 / (212)935-7400

Email: bsachsmichaels@hfesq.com

Website: http://www.hfesq.com

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. © 2012 Harwood Feffer LLP. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

Harwood Feffer LLP
Robert I. Harwood, Esq.
Benjamin Sachs-Michaels
877-935-7400 / 212-935-7400
bsachsmichaels@hfesq.com

http://www.hfesq.com




 
 
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