MILWAUKEE, Dec. 19, 2022 /PRNewswire/ — Ademi LLP is investigating Aerojet (NYSE: AJRD) for possible breaches of fiduciary duty and other violations of law in its transaction with L3Harris.
Click here to learn how to join the action https://www.ademilaw.com/case/aerojet-rocketdyne-holdings-inc-0 or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Aerojet’s financial outlook and prospects are excellent and yet Aerojet shareholders will receive only $58 per share. The transaction agreement unreasonably limits competing bids for Aerojet by imposing a significant penalty if Aerojet accepts a superior bid. Aerojet insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of Aerojet’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Aerojet.
If you own Aerojet common stock and wish to obtain additional information, please contact Guri Ademi
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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