Faruqi & Faruqi, LLP Announces the Investigation of Fuel Systems Solutions, Inc. (FSYS) Over the Proposed Sale of the Company to Westport Innovations Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Fuel Systems Solutions, Inc. (“Fuel Systems” or the “Company”) (NasdaqGS: FSYS) for potential breaches of fiduciary duties in connection with the sale of the Company to Westport Innovations Inc. for approximately $134 million in a stock transaction.
The Company’s stockholders will only receive 2.129 Westport shares for each share of Company common stock they own, or about $7.26 per share at closing price on September 2, 2015. However, at least one Wall Street analyst has issued a price target for Fuel Systems stock at $11.00 per share
If you own common stock in Fuel Systems and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
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