Rigrodsky & Long, P.A. Investigates China Advanced Construction Materials Group, Inc. for Its Shareholders Over Its Receipt of a Going Private Proposal

  • Do you own China Advanced Construction Materials Group, Inc. common stock?
  • Did you purchase your shares prior to July 26, 2011?
  • Do you feel Mr. Han and Mr. He's Proposal to buyout the Company is unfair?
  • Do you want to discuss your rights?

If the answer to these questions is "yes," please contact the deal lawyers at Rigrodsky & Long, P.A. ("R & L") today to schedule a FREE consultation. Just call us, or fill out our contact form so that we can call at your convenience. Your consultation will not create any obligation to use our services at any time.

Contact R & L today to be sure your best interests are being protected.

R & L is a national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of China Advanced Construction Materials Group, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s receipt of a proposal from its Chairman and CEO, Xianfu Han, and Weili He, Vice Chairman and COO, to acquire the remainder of the Company they do not already own for $2.65 per share in cash.

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Rigrodsky & Long, P.A. Investigates China Advanced Construction Materials Group, Inc. for Its Shareholders Over Its Receipt of a Going Private Proposal

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of China Advanced Construction Materials Group, Inc. (“China ACM” or the “Company”) (Nasdaq: CADC) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s receipt of a proposal from its Chairman and CEO, Xianfu Han, and Weili He, Vice Chairman and COO, to acquire the remainder of the Company they do not already own for $2.65 per share in cash (the “Proposal”).

The Proposal contemplates Mr. Han and Mr. He’s acquisition of all of the outstanding shares of common stock of China ACM they do not already own for $2.65 per share in cash.  Mr. Han and Mr. He already own approximately 49.5% of the Company’s outstanding common stock.

The investigation concerns whether China ACM’s board of directors is adequately shopping the Company and working to obtain the best price possible for China ACM’s shareholders.  Indeed, according to Yahoo! Finance, at least one analyst has issued a price target for $5.00 per share for China ACM stock.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

R & L, with offices in Delaware and New York, litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

Attorney advertising.  Prior results do not guarantee a similar outcome.

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