|Company name||UQM Technologies, Inc.|
NEW YORK, January 24, 2019 – Bragar Eagel & Squire, P.C. is investigating potential claims against the board of directors of UQM Technologies, Inc. (NYSE: UQM) on behalf of stockholders concerning the proposed acquisition of the company by Danfoss A/S.
Pursuant to the proposed transaction, announced on January 21, 2019 and valued at $100 million, UQM stockholders will receive $1.71 in cash for each share of UQM common stock owned. The investigation focuses on whether UQM and its board of directors violated the federal securities laws and/or breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair process and whether and by how much the proposed transaction undervalues the Company.
If you own UQM shares, have information, 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 by email at firstname.lastname@example.org, or telephone at (212) 308-1869, or by filling out the contact form below. There is no cost or obligation to you.