WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Numerex Corp. (NASDAQ GS: NMRX)?
- Did you purchase any of your shares prior to August 2, 2017?
- Do you think the proposed buyout is fair?
- 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 Numerex Corp. (“Numerex” or the “Company”) (NASDAQ GS: NMRX) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Sierra Wireless, Inc. (“Sierra Wireless”) (NASDAQ GS: SWIR) in a transaction valued at approximately $107 million. Under the terms of the agreement, shareholders of Numerex will receive 0.18 common shares of Sierra Wireless for each share of Numerex common stock.
If you own common stock of Numerex and purchased any shares before August 2, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, 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, or by e-mail at email@example.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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