Rigrodsky & Long, P.A. Investigates Fushi Copperweld, Inc. Buyout Proposal

  • Do you own Fushi Copperweld, Inc. common stock?
  • Did you purchase your shares prior to November 3, 2010?
  • 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.

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

R & L is national law firm with decades of combined legal experience. R & L is investigating potential claims against the board of directors of Fushi Copperweld, Inc. concerning the Company’s receipt of a proposal from Fushi’s Chairman and CEO, Li Fu, and Abax Global Capital  Limited to acquire the remainder of the Company Mr. Fu does not already own in a transaction valued at approximately $433.8 million.

Click here to read the full press release.

Rigrodsky & Long, P.A. Investigates Fushi Copperweld, Inc. Buyout Proposal

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of Fushi Copperweld, Inc. (“Fushi” or the “Company”) (Nasdaq: FSIN) concerning the Company’s receipt of a proposal from Fushi’s Chairman and CEO, Li Fu, and Abax Global Capital (Hong Kong) Limited to acquire the remainder of the Company Mr. Fu does not already own in a transaction valued at approximately $433.8 million (the “Proposal”).

The investigation concerns whether Fushi’s board of directors is adequately shopping the Company and working to obtain the best price possible for Fushi’s shareholders. The Proposal contemplates the acquisition of all of the outstanding shares of common stock of Fushi not currently owned by Mr. Fu for $11.50 per share in cash. Mr. Fu and his affiliates already own approximately 29.2% of the Company’s outstanding shares.

If you own the common stock of Fushi and purchased your shares before November 3, 2010, 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.

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.

Learn more about R&L:  Visit Our Website |  Our Firm  |  Our Practice Areas  |  FAQ's

Fill out the form below or call us toll-free at 888-969-4242, for a FREE no-obligation consultation.