Cases
Accuride Corporation (NYSE : ACW)
Securities Class Action
Overview
Overview
- Date:
- 10/24/2016
- Company Name:
- Accuride Corporation
- Stock Symbol:
- ACW
- Class Period:
- FROM 10/20/2016
- Status:
- Closed/Complete
- Court:
- U.S. District Court: District of Southern Indiana
NEW YORK, October 24, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Indiana Southern District Court on behalf of all persons or entities who held Accuride Corporation (NYSE: ACW) securities on October 20, 2016 (the “Class Period”).
The complaint charges Accuride's board of directors for their violations of Section 14(a) and 20(a) of the Securities Exchange Act of 1934 in connection with the proposed merger between Accuride and Crestview Partners LLC.
Pursuant to the merger agreement, the Company's stockholders will only receive $2.58 in cash for each share of Company common stock they own. However, this consideration is below Accuride's 52-week high of $3.40 per share.
If you held Accuride securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The complaint charges Accuride's board of directors for their violations of Section 14(a) and 20(a) of the Securities Exchange Act of 1934 in connection with the proposed merger between Accuride and Crestview Partners LLC.
Pursuant to the merger agreement, the Company's stockholders will only receive $2.58 in cash for each share of Company common stock they own. However, this consideration is below Accuride's 52-week high of $3.40 per share.
If you held Accuride securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.