Harwood Feffer LLP Announces Investigation of Met-Pro Corp.
NEW YORK, April 22, 2013 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Met-Pro Corp. ("Met-Pro" or the "Company") (NYSE: MPR) concerning the proposed sale of the Company to CECO Environmental Corp. ("CECO") in a transaction valued at over $200 million.
On April 22, 2013, the Company disclosed that it had entered into a definitive agreement to be acquired by CECO. Under the terms of the proposed transaction, Met-Pro shareholders would receive $7.25 cash and $6.50 in CECO stock for each share owned.
Our investigation concerns whether the Met-Pro board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company shareholders.
If you own Met-Pro 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:
Benjamin Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
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.
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SOURCE Harwood Feffer LLP