Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of LoJack Corporation (NASDAQ: LOJN) acted responsibly on behalf of investors’ profitability in the planned $134 million sale to CalAmp Corp (NASDAQ: CAMP).
On February 01, 2016, LoJack Corporation (NASDAQ: LOJN) and CalAmp Corp (NASDAQ: CAMP) announced that they had entered into a merger agreement. Under the terms of the merger agreement, CalAmp Corp will offer LoJack Corporation shareholders $6.45 per share in cash for all outstanding shares.
Based in Canton, Massachusetts, and founded in 1978 LoJack Corporation provides security and protection products and services for tracking and recovering vehicles, and other mobile assets.
The investigation focuses on whether NASDAQ: LOJN investors received the highest price and whether the directors of LoJack Corporation acted in the best interest of LoJack Corporation company and its shareholders.
If you purchased LoJack Corporation (NASDAQ: LOJN) prior to February 01, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.
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