Investor Alert: Former Attorney General of Louisiana and Kahn Swick & Foti,
LLC Investigate Lufkin Industries Inc. Following Announcement of Proposed
Sale of Company to General Electric Company
NEW ORLEANS -- April 17, 2013
Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq. and the law
firm of Kahn Swick & Foti, LLC announce that KSF has commenced an
investigation into the Board of Directors of Lufkin Industries Inc. (“Lufkin”
or the “Company) (NASDAQ GS: LUFK) in connection with their conduct related to
the sale of the Company to General Electric Company (NYSE: GE). Under the
terms of the proposed transaction, shareholders of Lufkin will receive $88.50
in cash for each share of Lufkin common stock that they own.
KSF’s investigation is focusing on whether Lufkin and/or its officers and
directors secured sufficient value for the shareholders of the Company and/or
violated state or federal securities laws.
If you have information that would assist KSF in its investigation, or would
like to discuss your legal rights, you may, without obligation or cost to you,
e-mail or call KSF attorney Michael Palestina
(email@example.com) toll free at 855-768-1857 or via cell phone
any time at 504-236-7315.
About Kahn Swick & Foti, LLC
KSF, whose partners include the Former Louisiana Attorney General Charles C.
Foti, Jr., is a law firm focused on transactional litigation, as well as
securities class action and shareholder derivative litigation. With offices in
New York and Louisiana, KSF's lawyers have significant experience litigating
complex securities class actions nationwide on behalf of both institutional
and individual shareholders.
To learn more about KSF, you may visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
Michael Palestina, Esq., 855-768-1857
or after hours via cell phone 504-236-7315
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