DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal judge Joe Kendall, is investigating certain officers and directors of Tecumseh Products Company (NASDAQ: TECU) on behalf of shareholders to determine whether the officials breached their fiduciary duties to shareholders in the proposed sale to an affiliate of Mueller Industries, Inc. and Atlas Holdings LLC. The agreement is valued at approximately $123 million and proposes an offer price of $5.00 per share.
The national securities firm’s investigation seeks to determine whether Tecumseh and its Board breached their fiduciary duties by engaging in self-dealing, failing to maximize the value of the Company, failing to disclose all material benefits and costs, and failing to obtain the best possible consideration for the shareholders. If you currently own shares of Tecumseh and want to know more about your rights, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at firstname.lastname@example.org to learn more about your legal rights as a shareholder.
There is no cost or obligation to you. Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in nationwide complex securities litigation. The firm has been counsel in numerous shareholder derivative and securities class action lawsuits on behalf of shareholders in state and federal courts throughout the United States.