MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating VOXX (NASDAQ: VOXX) for possible breaches of fiduciary duty and other violations of law in its transaction with Gentex.
Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you.
In the transaction, VOXX shareholders will receive $7.50 per share. VOXX insiders will receive substantial benefits as part of change of control arrangements.
The transaction agreement unreasonably limits competing transactions for VOXX by imposing a significant penalty if VOXX accepts a competing bid. We are investigating the conduct of VOXX’s board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
