Our investigation has determined that the offer price unfairly under-values the true going forward inherent value of American DG and that shareholders may not be receiving the maximum value for their shares. Indeed, the book value per share of the Company is worth $0.39 per share, and the stock traded as high as $0.65 per share within the past year. The investigation further seeks to determine whether John Hatsopoulos is entering into this deal for his own self-interests to the detriment of the Company's shareholders, and whether there is an inherent conflict of interest among the board of directors of the Company.
If you are a shareholder of American DG and would like additional information as to how the proposed acquisition may affect your rights as a shareholder, and how you may be eligible to obtain a higher price for your shares, please contact us at no cost at:
Tripp Levy PLLC
New York, New York
Toll free: 800-511-7037
Tripp Levy PLLC represents individual and institutional shareholders in mergers and acquisitions transactions and has assisted in the recovery of billions of dollars for shareholders in securities actions around the globe.
Attorney advertising. Prior results do not indicate a similar outcome
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SOURCE Tripp Levy PLLC