Attention investors who purchased shares of Sparton Corporation before December 12, 2018:
Rigrodsky & Long is investigating potential claims against the board of directors of Sparton Corporation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by an affiliate of Cerberus Capital Management, L.P. for $18.50 per share.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Sparton Corporation (“Sparton” or the “Company”) (NYSE: SPA) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by an affiliate of Cerberus Capital Management, L.P. (“Cerberus”). Under the terms of the agreement, shareholders of Sparton will receive $18.50 in cash for each share of Sparton common stock.
If you own common stock of Sparton and purchased any shares before December 12, 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 toll-free at (888) 969-4242, by e-mail at firstname.lastname@example.org, or at https://www.rigrodskylong.com/offices-contact.
Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.
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