The Law Office of Jonathan M. Stein, P.L. is investigating the Board of Directors of CPI International, Inc. ("CPI" or the "Company") (Nasdaq: CPII) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to an affiliate of Veritas Capital Fund IV (Veritas Capital). Under the terms of the proposed transaction, CPI shareholders are to receive $19.50 in cash for each share they own, for a total transaction value of approximately $525 million.
The investigation involves whether the Board of Directors of CPI breached their fiduciary duties to CPI stockholders by failing to adequately shop the Company before agreeing to enter into the transaction and whether CPI has disclosed all material information to shareholders about the proposed transaction.
If you own stock in CPI and wish to obtain additional information about your rights, or if you have information regarding the above investigation, please contact Jonathan M. Stein, Esq. either via email at firstname.lastname@example.org or by telephone at (561) 961-2244.
The Law Office of Jonathan M. Stein, P.L. represents shareholders and consumers in complex litigation, including class action and derivative litigation. More information about the firm is available through its website, www.jonathansteinlaw.com, and upon request from the firm. Jonathan M. Stein is the attorney responsible for the content of this release.
|Jonathan M. Stein, Esq.|
|Law Office of Jonathan M. Stein, P.L.|
|120 E. Palmetto Park Rd., Suite 420|
|Boca Raton, FL 33432|