NEW YORK--(BUSINESS WIRE)--The Rosen Law Firm, P.A., a global investor rights firm, announces that it is investigating the Board of Directors of Globe Specialty Metals, Inc. (NASDAQ:GSM) for possible breaches of fiduciary duty and other violations of law by failing to adequately shop Globe Specialty Metals to maximize shareholder value before agreeing to be acquired by Grupo FerroAtlántica, S.A.
If you would like to join the action, go to http://rosenlegal.com/cases-528.html or contact Phillip Kim or Kevin Chan toll-free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com. There is no cost or obligation to you.
Under the terms of the proposed transaction, FerroAtlántica will own 57% of the newly formed company, while Globe Specialty Metals’ shareholders will own 43%. The investigation relates to whether the proposal is fair to the public shareholders of Globe Specialty Metals and whether the Board of Directors of Globe Specialty Metals breached its fiduciary duties in connection with the proposed sale.
If you currently own shares of Globe Specialty Metals and wish to obtain additional information, please visit the website at http://rosenlegal.com/cases-528.html. You may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or email@example.com.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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