SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Aerosonic Corporation in Connection with the Sale of the Company to TransDigm Group Inc.
NEW YORK, April 26, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Aerosonic Corporation ("Aerosonic" or the "Company") (NYSE MKT: AIM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to TransDigm Group Incorporated (NYSE: TDG).
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Click here to learn more about the investigation http://zlk.9nl.com/aerosonic-aim/, or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Aerosonic shareholders will receive $7.75 for each share of Aerosonic stock they own. The investigation concerns whether the Aerosonic Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into the transaction, and whether TransDigm Group Incorporated is underpaying for Aerosonic stock, thus unlawfully harming Aerosonic stockholders.
If you own common stock in Aerosonic and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/aerosonic-aim/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP
