UQM TECHNOLOGIES, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout

Loading...
Loading...

Rigrodsky & Long, P.A.:

  • Do you own shares of UQM Technologies, Inc. (NYSE AMERICAN: UQM)?
  • Did you purchase any of your shares prior to January 21, 2019?
  • Do you think the proposed buyout is fair?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of UQM Technologies, Inc. ("UQM" or the "Company") (NYSE AMERICAN: UQM) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to merge with Danfoss Power Solutions (US) Company, a wholly-owned subsidiary of Denmark-based Danfoss A/S ("Danfoss"), in a transaction valued at approximately $100 million. Under the terms of the agreement, shareholders of UQM will receive $1.71 in cash for each share of UQM common stock.

If you own common stock of UQM and purchased any shares before January 21, 2019, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...