Edgen Group Inc. INVESTOR ALERT: The Law Offices of Vincent Wong
Investigates the Sale of Edgen Group Inc. to Sumitomo Corporation -- EDG
NEW YORK -- October 8, 2013
The Law Offices of Vincent Wong are investigating potential claims against the
Board of Directors of Edgen Group Inc. (Nasdaq: EDG) (“Edgen”) regarding
possible breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Sumitomo Corporation.
Under the terms of the transaction, Edgen shareholders will receive $12.00 for
each share of Edgen stock they own. The transaction has a total approximate
value of $520 million. The investigation concerns whether the Edgen Board of
Directors breached their fiduciary duties to stockholders by failing to
adequately shop the Company to obtain the best possible value for Edgen
shareholders. In particular, at least one analyst set a price target of $15.00
per share of Edgen stock.
If you own common stock in Edgen and wish to obtain additional information,
please contact Vincent Wong, Esq. either via email email@example.com, by
telephone at 212.425.1140, or visit http://wongesq.9nl.me/edgen-edg/.
Vincent Wong, Esq. is an experienced attorney that has represented investors
in securities litigations involving financial fraud and violations of
shareholder rights. Attorney advertising. Prior results do not guarantee
The Law Offices of Vincent Wong
Vincent Wong, Esq., 212-425-1140
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