NEW YORK, July 31, 2015 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Magnetek, Inc. (NASDAQ: MAG) ("Magnetek" or "the Company") in connection with the sale of the Company to Columbus McKinnon Corporation. Under the terms of the transaction, Magnetek shareholders will receive $50.00 in cash for each share of Magnetek stock they own.
Click here to learn about the case: http://docs.wongesq.com/MAG-Info-Request-Form-829. There is no cost or obligation to you.
The investigation concerns whether the Board of Magnetek breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Columbus McKinnon Corporation is underpaying for Magnetek shares.
If you own common stock in Magnetek and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/MAG-Info-Request-Form-829.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
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SOURCE The Law Offices of Vincent Wong