NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of MGC Diagnostics Corporation (NASDAQ: MGCD) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to affiliates of Altus Capital Partners, Inc. Under the terms of the deal, Clifton Bancorp shareholders will receive MGC Diagnostics shareholders will receive $11.03 in cash for each share of MGC Diagnostics stock they own.
The investigation concerns whether the MGC Board of Directors breached their fiduciary duties to MGC stockholders by failing to adequately shop the Company before entering into this transaction and whether Altus Capital Partners, Inc. is underpaying for MGC shares, thus unlawfully harming MGC stockholders.
If you own common stock in MGC and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or http://docs.wongesq.com/MGCD-Info-Request-Form-1745.
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.