NEW YORK--(BUSINESS WIRE)--Levi & Korsinsky, LLP has filed a class action lawsuit in the United States District Court for District of Minnesota on behalf of current stockholders of MOCON, Inc. (NASDAQGM:MOCO) in connection with the planned acquisition of the company by AMETEK, Inc.
On April 17, 2017, MOCON announced it had entered into an agreement in which AMETEK, Inc. (“AMETEK”) would acquire all outstanding shares of MOCON common stock for $30.00 per share. The lawsuit, entitled Ellebracht v. MOCON, Inc., et al. (Case No. 0:17-cv-01662), alleges that defendants solicit stockholder votes in connection with the sale of the Company to AMETEK through a proxy statement that omits material facts necessary to make the statements therein not false or misleading. Stockholders require this material information to make an informed vote.
If you wish to serve as lead plaintiff, you must move the Court no later than August 7, 2017. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiff’s counsel, Joseph E. Levi, at Levi & Korsinsky, LLP, (212) 363-7500 or, or via e-mail at jlevi@levikorsinsky.com. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member.
A CLASS HAS NOT BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE.
Levi & Korsinsky is a national firm with offices in New York, California, Connecticut, and Washington D.C. The firm’s attorneys have extensive expertise and experience representing investors in securities litigation, and have recovered hundreds of millions of dollars for aggrieved shareholders. Attorney advertising. Prior results do not guarantee similar outcomes.
