INVESTOR ALERT: The Law Office of Jack Stuart Beige & Associates, P.C.
Announces Investigation of TUFCO TECHNOLOGIES, INC. Buyout Proposal
SMITHTOWN, N.Y. -- January 16, 2014
The Law Office of Jack Stuart Beige & Associates, P.C. announces that it is
investigating the Board of Directors of Tufco Technologies, Inc. (“Tufco”)
(NASDAQ CM: TFCO) for possible breaches of fiduciary duties and other
violations of law in connection with Tufco’s agreement to be acquired by
Griffin Holdings, LLC (“Griffin”).
Under the terms of the proposal, public stockholders of Tufco would receive
$6.07 per share in cash for each share of Tufco they own in a transaction
valued at approximately $26 million.
The investigation concerns whether Tufco’s Board of Directors breached its
fiduciary duties to stockholders, whether the proposed consideration to be
paid to Tufco’s stockholders would be fair and adequate, and whether Tufco is
acting in its stockholders’ best interests.
If you own Tufco common stock, purchased your shares prior to December 20,
2013, and wish to obtain additional information, please contact Joseph R.
Beige, Esquire either via email at email@example.com or by telephone at (631)
Joseph R. Beige, Esquire is an experienced attorney who prosecutes securities
class actions, derivative actions, shareholder rights actions, and corporate
governance actions on behalf of stockholders.
Attorney advertising. Prior results do not guarantee a similar outcome.
Law Office of Jack Stuart Beige & Associates, P.C.
Joseph R. Beige, 631-231-7725
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