Harwood Feffer LLP Announces Investigation of Cobra Electronics Corporation
NEW YORK, Aug. 28, 2014
NEW YORK, Aug. 28, 2014 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is
investigating potential claims against the board of directors of Cobra
Electronics Corporation ("Cobra Electronics" or the "Company") (NasdaqGM:
COBR) concerning the proposed acquisition of the Company by Monomoy Capital
Partners II, L.P. ("Monomoy").
Harwood Feffer LLP logo
On August 28, 2014, Cobra Electronics issued a press release announcing that
it had entered into a definitive merger agreement pursuant to which the
Company will be acquired by Monomoy. Under the terms of the agreement, Cobra
Electronics shareholders will receive $4.30 per share in a transaction valued
at $28.4 million.
Our investigation concerns whether the Cobra Electronics board of directors is
fulfilling its fiduciary duties, maximizing the value of the Company,
disclosing all material benefits and costs, and obtaining full and fair
consideration for Company shareholders.
If you own Cobra Electronics shares and wish to discuss this matter with us,
or have any questions concerning your rights and interests with regard to this
matter, please contact:
Robert I. Harwood, Esq.
Daniella Quitt, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
Harwood Feffer has been representing individual and institutional investors
for many years, serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for
more information about the firm.
The law firm responsible for this advertisement is Harwood Feffer LLP
(www.hfesq.com). Prior results do not guarantee or predict a similar outcome
with respect to any future matter.
Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO
SOURCE Harwood Feffer LLP
Press spacebar to pause and continue. Press esc to stop.