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AAON Inc. (AAON)

(NasdaqGS: AAON)

Summary

Faruqi & Faruqi, LLP Launches An Investigation Against AAON Inc. (AAON) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of AAON Inc. (“AAON” or the “Company”) (NasdaqGS: AAON) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the Company’s Long-Term Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on March 25, 2014, the Board of Directors recommends that AAON’s shareholders vote to approve an increase of the total shares of common stock for issuance by 500,000 under the Long-Term Incentive Plan.  The issuance of these shares could have a substantial dilutive effect on the shares of AAON common stock.

If you own common stock in AAON and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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  • Company:
    AAON Inc. (AAON)
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Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 04/03/2014

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