Law Firm Brower Piven Announces Investigation of Aerosonic Corporation Proposed Buyout

STEVENSON, Md.--(BUSINESS WIRE)--

The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Aerosonic Corporation (“Aerosonic” or the “Company”) AIM and other violations of state law by the board of directors of Aerosonic relating to the proposed buyout of the Company by TransDigm Group Incorporated. The firm's investigation seeks to determine, among other things, whether Aerosonic's board of directors breached their fiduciary duties by failing to maximize shareholder value.

As stated in the press release announcing the proposed buyout, Aerosonic shareholders will receive $7.75 for each share of Aerosonic common stock they own.

If you currently own common stock of Aerosonic and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at hoffman@browerpiven.com, by calling (410) 415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.