Rigrodsky & Long, P.A.:
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Do you own shares of URS Corporation (NYSE: URS)?
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Did you purchase any of your shares prior to July 14, 2014?
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Do you think the proposed buyout price is too low?
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Do you want to discuss your rights?
Rigrodsky
& Long, P.A. announces that it is investigating potential legal
claims against the board of directors of URS Corporation (“URS” or the
“Company”) (NYSE: URS)
regarding possible breaches of fiduciary duties and other violations of
law related to the Company’s entry into an agreement to be acquired by
AECOM Technology Corporation (“AECOM”) (NYSE: ACM),
in a transaction valued at approximately $4 billion.
Click here to learn more: http://www.rigrodskylong.com/investigations/urs-corporation-urs.
Under the terms of the agreement, public shareholders of URS would
receive $33.00 in cash and 0.734 shares of AECOM for each share of URS
they own. Based on AECOM’s closing stock price on July 11, 2014, URS
shareholders would have received consideration valued at approximately
$56.31 per share.
The investigation concerns whether URS’s board of directors failed to
adequately shop the Company and obtain the best possible value for URS’s
shareholders before entering into an agreement with AECOM.
If you own the common stock of URS and purchased your shares before July
14, 2014, if you have information or would like to learn more about
these claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests with
respect to these matters, please contact Seth D. Rigrodsky or Gina M.
Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com,
or at: http://www.rigrodskylong.com/investigations/urs-corporation-urs.
Rigrodsky
& Long, P.A., with offices in Wilmington, Delaware and Garden
City, New York, regularly prosecutes securities
class, derivative and direct actions, shareholder rights litigation and
corporate governance litigation, on behalf of shareholders in states
and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a similar outcome.
Copyright Business Wire 2014