EQUITY ALERT: The Rosen Law Firm Announces Investigation of Cobra
Electronics Corp. (COBR) In Connection with its Sale to Monomoy Capital
Partners II, L.P.
NEW YORK -- August 29, 2014
The Rosen Law Firm, P.A. is investigating the Board of Directors of Cobra
Electronics Corp. (NASDAQ:COBR) for possible breaches of fiduciary duties and
other violations of law for failing to adequately shop Cobra Electronics Corp.
to maximize shareholder value before entering into an agreement to be acquired
by Monomoy Capital Partners II, L.P., a private equity firm.
If you would like to join the action go to
http://rosenlegal.com/cases-342.html or please call Phillip Kim, Esq. or Kevin
Chan, Esq. toll-free, at 866-767-3653; or email at firstname.lastname@example.org or
email@example.com. There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $4.30 in cash
for each share of Monomoy Capital Partners II, L.P. common stock they own.
Directors and officers of Cobra Electronics Corp. holding approximately 2.6%
of its outstanding common stock have already agreed to tender their shares.
The investigation relates to whether the transaction is fair to public
shareholders and whether Cobra Electronics Corp.’ Board of Directors breached
its fiduciary duties in connection with the transaction.
If you currently own Cobra Electronics Corp. and wish to obtain additional
information, please visit the website at http://rosenlegal.com/cases-342.html.
You may also contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law
Firm toll free at 866-767-3653 or via e-mail at firstname.lastname@example.org or
The Rosen Law Firm represents investors throughout the globe, concentrating
its practice in securities class actions and shareholder derivative
Attorney Advertising. Prior results do not guarantee a similar outcome.
The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
Kevin Chan, Esq.
275 Madison Avenue 34^th Floor
New York, NY 10016
Toll Free: 1-866-767-3653
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