NEW YORK, Aug. 29, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigatingthe board of Cobra Electronics Corp. (NASDAQ:COBR) in connection with a buyout for only $4.30 per share. Concerned COBR investors are encouraged to contact attorney Hamilton Lindley by clicking here.
"Based on the book value and the 52 week high, this buyout appears to undervalue Cobra stock," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure that Cobra Electronics Corp. shareholders receive the highest price reasonably available for their stock and that all relevant information is disclosed."
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. COBR stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/COBR.
SOURCE Dunnam & Dunnam