Rigrodsky & Long, P.A. Investigates China Fire & Security Group, Inc. Buyout Proposal - CFSG

  • Do you own China Fire & Security Group, Inc. common stock?
  • Did you purchase your shares prior to March 7, 2011?
  • Do you feel the proposal to take the Company private 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.

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R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of China Fire & Security Group, Inc. concerning the Company’s receipt of a proposal from a leading global private equity firm to acquire all of the outstanding shares of common stock of China Fire.

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Rigrodsky & Long, P.A. Investigates China Fire & Security Group, Inc. Buyout Proposal - CFSG

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of China Fire & Security Group, Inc. (“China Fire” or the “Company”) (Nasdaq: CFSG) concerning the Company’s receipt of a proposal from a leading global private equity firm to acquire all of the outstanding shares of common stock of China Fire (the “Proposal”).

The investigation concerns whether China Fire’s board of directors is adequately shopping the Company and working to obtain the best price possible for China Fire’s shareholders.  The Proposal contemplates the acquisition of all of the outstanding shares of common stock of China Fire in cash.  According to the Proposal, the private equity firm is willing to structure the proposed acquisition to allow the existing members of the Company’s management to exchange all or part of their equity interests in the Company into equity securities in the post-acquisition company.  Already, at least 56% of the China Fire’s outstanding shares are beneficially owned by its Chairman, Weigang Li.

If you own the common stock of China Fire and purchased your shares before March 7, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

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.

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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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