Investigation Into Coast Distribution System, Inc.
Stull, Stull & Brody Investigates Possible Breaches of Fiduciary Duty by the Board of Directors
NEW YORK, July 9, 2015 /PRNewswire/ -- Stull, Stull & Brody (www.ssbny.com) is investigating potential claims on behalf of shareholders of Coast Distribution System, Inc. (NYSEMKT: CRV) (the "Company") concerning whether the Company's Board of Directors breached its fiduciary duty by entering into an agreement and plan of merger under which all of the Company's outstanding shares will be acquired by LKQ Corporation for $5.50 per share in cash.
The current investigation is focused upon whether the Company's Board of Directors breached its fiduciary duty to maximize value to the Company's shareholders and to act in shareholders' best interests, including whether the Board of Directors undertook an adequate sales process and disclosed all material information to the Company's shareholders.
Shareholders of Coast Distribution System, Inc. may contact Jason D'Agnenica, Esq. at Stull, Stull & Brody to discuss their rights in connection with the proposed transaction by calling 1-800-337-4983 extension 145 or by email at [email protected].
Stull, Stull & Brody has represented shareholders in merger litigation and other securities class actions for over 40 years and has obtained court approval of substantial settlements on numerous occasions.
Attorney Advertising. Prior Results Do Not Guarantee a Similar Outcome.
SOURCE Stull, Stull & Brody
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