Rosen Law Firm Announces Investigation of AutoInfo Inc. in Connection with its Sale to Comvest Partners – AUTO

NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A. is investigating the Board of Directors of AutoInfo Inc. (OTCBB: AUTO) for possible breaches of fiduciary duty and other violations of state law in connection with its sale of the Company to AutoInfo Holdings, LLC, a subsidiary of Comvest Investment Partners IV, L.P., one of the investment funds managed by Comvest Partners.

If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at [e-mail] or [e-mail]. There is no cost or obligation to you.

Under the terms of the transaction, shareholders will receive $1.05 for each share of AutoInfo stock they own. The investigation relates to whether the price of $1.05 per share is fair to public shareholders and whether AutoInfo’s Board breached its fiduciary duties in connection with the transaction.

If you own AutoInfo common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [e-mail] or [e-mail].

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

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