NEW YORK--(BUSINESS WIRE)--Attorney Advertising. Notice is hereby given that Stull, Stull & Brody has commenced an investigation on behalf of shareholders of Sunair Services Corporation (“Sunair” or the “Company”) (Amex: SNR - News) for possible breaches of fiduciary duty and other violations of state law in connection with an agreement by the Company’s Board of Directors to sell all of the Company’s outstanding shares of common stock at a price of $2.75 per share in cash to Massey Services, Inc. (“Massey”).
If you own common stock of Sunair and wish to obtain additional information about this matter, please contact Stull, Stull & Brody at the toll-free number listed below. Stull, Stull & Brody has litigated many class actions for violations of securities laws and breaches of fiduciary duties on behalf of defrauded investors over the past 40 years and has obtained court approval of substantial settlements on numerous occasions.
The current investigation concerns the price to be paid by Massey to Sunair shareholders and the process by which Sunair’s Board of Directors is addressing the transaction. Earlier this year, Sunair’s Board of Directors rejected an offer from Massey to purchase the Company for $3.00 per share. The focus of the current investigation is on whether Sunair’s Board of Directors breached its fiduciary duties to Sunair’s shareholders by agreeing to sell the Company at an unfair price.
If you wish to discuss this matter or have any questions concerning this notice or your rights or interests with respect to this matter, please contact Aaron Brody, Esq. at Stull, Stull & Brody by calling 1-800-337-4983 or 1-212-687-7230, or by email to ssbny@aol.com or by writing to Stull, Stull & Brody, 6 East 45th Street, New York, NY 10017.
Attorney advertising. Prior results do not guarantee a similar outcome.
Stull, Stull & Brody
Aaron Brody, Esq.
1-800-337-4983 or 212-687-7230
ssbny@aol.com
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