We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Aegion Corp. (“Aegion” or the “Company”) (NASDAQ: AEGN) in connection with the proposed acquisition of the Company by New Mountain Capital, L.L.C., (“New Mountain”), a privately held investment company. Under the terms of the merger agreement, Aegion shareholders will receive $26.00 in cash for each share of Aegion common stock that they hold. The transaction is valued at approximately $963 million.
WeissLaw LLP is investigating whether Aegion’s board acted in the best interest of Aegion’s public shareholders in agreeing to the proposed transaction, whether the $26.00 merger consideration represents full and fair value for Aegion shares, and whether all information regarding the process undertaken by the board and the valuation of the transaction will be fully and fairly disclosed to Aegion’s public shareholders. WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com