NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of LaBarge, Inc. (NYSE Amex: LB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Ducommun Incorporated (NYSE: DCO). Under the terms of the proposed transaction, LaBarge shareholders will receive $19.25 in cash per share of LaBarge stock for a total transaction value of approximately $340 million, including the assumption of debt.
The investigation concerns whether the LaBarge Board of Directors breached their fiduciary duties to LaBarge stockholders by failing to adequately shop the Company before entering into this transaction and whether Ducommun Incorporated is underpaying for LaBarge shares. According to Thomson/First Call, at least one analyst set a price target of $22.00 per share for LaBarge stock.
If you own common stock in LaBarge and wish to obtain additional information, please contact Vincent Wong, Esq. either via email firstname.lastname@example.org, by telephone at 212.584.2740, or visit http://www.wongesq.com/labarge.html.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.