We are investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Perceptron, Inc. (“PRCP” or the “Company”) (NASDAQ: PRCP) in connection with the proposed acquisition of the Company by affiliates of Swedish-based Atlas Copco Group (“Atlas”). Under the terms of the merger agreement, the Company’s shareholders will receive $7.00 in cash for each PRCP share they own, representing an equity value for the Company of approximately $68.9 million.
WeissLaw is investigating whether PRCP’s board acted in the best interest of PRCP’s shareholders in agreeing to the proposed transaction, whether the board was fully informed as to the valuation of the proposed transaction, and whether all information regarding the process leading up to the acquisition and the valuation of the transaction will be fully and fairly disclosed to PRCP shareholders.\n\nWeissLaw 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