WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Calamos Asset Management, Inc. (NASDAQ GS: CLMS)?
- Did you purchase any of your shares prior to December 19, 2016?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Calamos Asset Management, Inc. (“CAM” or the “Company”) (NASDAQ GS: CLMS) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by an entity (the "Acquirer") formed by Mr. John Calamos and Mr. John Koudounis. Mr. Calamos is the founder of Calamos Investments LLC, the operating company of CAM, and CAM's Chairman. Mr. Koudounis is the Chief Executive Officer of CAM.
Click here to learn more: http://rigrodskylong.com/investigations/calamos-asset-management-inc-clms.
Under the terms of the agreement, shareholders of CAM will receive $8.25 in cash for each share of CAM common stock.
The investigation concerns whether CAM’s board of directors failed to adequately shop the Company and obtain the best possible value for CAM shareholders before entering into an agreement with the Acquirer.
If you own the common stock of CAM and purchased your shares before December 19, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to email@example.com, or at: http://rigrodskylong.com/investigations/calamos-asset-management-inc-clms.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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