NEW YORK, July 29, 2015 /PRNewswire/ -- Securities lawyers at Dunnam and Dunnam are investigating the board of Magnetek, Inc. (NASDAQ: MAG) in connection with a buyout for only $50.00 per share. Concerned MAG investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The investigation focuses upon the shareholder value of the transaction. "This deal is accompanied by protective deal provisions which may make the transaction unfair to stockholders," said securities lawyer Hamilton Lindley. "It also represents a small premium over the company's target price. Our potential shareholder lawsuit will seek to ensure Magnetek, Inc. 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. MAG stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/MAG.
SOURCE Dunnam & Dunnam