SORL Auto Parts, Inc.
(NASDAQ GM: SORL)
Attention investors who purchased shares of SORL Auto Parts, Inc. before November 29, 2019:
Rigrodsky & Long is investigating potential claims against the board of directors of SORL Auto Parts, Inc. concerning possible breaches of fiduciary duty and other violations of law related to the Company’s agreement to be acquired by a consortium for $4.72 per share.
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors SORL Auto Parts, Inc. (“SORL” or the “Company”) (NASDAQ GM: SORL) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Ruili International Inc., which was formed on behalf of a consortium consisting of certain directors and officers of SORL and Ruili Group Co., Ltd. (collectively, the “Consortium”). Under the terms of the agreement, shareholders of SORL will receive $4.72 in cash for each share of SORL they own.
If you own common stock of SORL and purchased any shares before November 29, 2019, 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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