Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of API Technologies Corp (NASDAQ: ATNY) acted responsibly on behalf of investors’ profitability in the planned sale to J.F. Lehman & Company.

On February 29, 2016, API Technologies Corp (NASDAQ: ATNY) and J.F. Lehman & Company announced that they had entered into a merger agreement. Under the terms of the merger agreement, J.F. Lehman & Company will offer API Technologies Corp shareholders $2.00 per share in cash for all outstanding shares.    

Based in Orlando, Florida, and founded in 1993 API Technologies Corp designs, develops, and manufactures systems, subsystems, modules, and components for radio frequency (RF) microwave, millimeterwave, electromagnetic, power, and security applications.

The investigation is looking to uncover whether API Technologies Corp was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $3.75 per share.

If you purchased API Technologies Corp (NASDAQ: ATNY) prior to February 29, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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