Levi & Korsinsky is investigating the Board of Directors of Dawson
Geophysical Company (“Dawson Geophysical” or “the Company”)
(NASDAQ:DWSN) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company to
TGC Industries, Inc. (NASDAQ: TGE).
Click here to learn more about the investigation: http://zlk.9nl.com/dawson-geophysical-dwsn.
Under the terms of the transaction, TGC will implement a 1-for-3 reverse
stock split, after which Dawson Geophysical shareholders will receive
1.76 shares of TGC common stock for each share of Dawson Geophysical
stock they own. The investigation concerns whether the Board of Dawson
Geophysical breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into this
transaction, and whether TGC Industries, Inc. is underpaying for Dawson
Geophysical shares.
If you own Dawson Geophysical common stock 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/dawson-geophysical-dwsn.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, Connecticut and Washington D.C. The firm’s attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please feel
free to contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
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