WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of A. Schulman, Inc. (NASDAQ GS: SHLM)?
- Did you purchase any of your shares prior to February 15, 2018?
- 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 A. Schulman, Inc. (“A. Schulman” or the “Company”) (NASDAQ GS: SHLM) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by LyondellBasell Industries N.V. (“LyondellBasell”) (NYSE: LYB) in a transaction valued at approximately $2.25 billion. Under the terms of the agreement, shareholders of A. Schulman will receive $42.00 in cash and one contingent value right for each share of A. Schulman common stock. The contingent value right generally will provide a holder with an opportunity to receive certain net proceeds, if any are recovered, from certain ongoing litigation and government investigations relating to A. Schulman's Citadel and Lucent acquisitions.
If you own common stock of A. Schulman and purchased any shares before February 15, 2018, 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., 300 Delaware Avenue, Suite 1220, Wilmington, Delaware 19801, 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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