Morgan & Morgan Announces the Investigation of American Pacific Corporation APFC

/PRNewswire/ -- 

NEW YORK, Feb. 1, 2014  Morgan & Morgan announces that it is

investigating the Board of Directors of American Pacific Corporation ("American Pacific" or the "Company") (

APFC

) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to H.I.G. Capital, LLC in a cash deal valued at approximately $392 million.  Under the terms of the proposed transaction, American Pacific's stockholders will receive $46.50 for each share of American Pacific common stock they own. As recently as three months ago, American Pacific traded at $60 per share.

If you own shares of American Pacific Corporation and want more information about the American Pacific Takeover Investigation please contact George Pressly, Esq. at 1(800) 631-6234 or email George at AskGeorge@morgansecuritieslaw.com.

Our investigation concerns possible breaches of fiduciary duty and other violations of law by American Pacific's Board of Directors for not acting in the best interest of the Company's shareholders' in connection with the sale process. 

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, class action lawsuits and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

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

Contact:

Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY  10036
1-800-631-6234
info@morgansecuritieslaw.com

SOURCE Morgan & Morgan



RELATED LINKS
http://www.securitieslawfirm.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.