Transforming Network Infrastructure Industry News

TMCNet:  Rigrodsky & Long, P.A. Announces Investigation Of Artio Global Investors Inc. Buyout

[February 27, 2013]

Rigrodsky & Long, P.A. Announces Investigation Of Artio Global Investors Inc. Buyout

WILMINGTON, Del. --(Business Wire)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Artio Global Investors Inc. (NYSE: ART)
  • Did you purchase any of your shares prior to February 14, 2013
  • Do you think the proposed buyout price is too low
  • Do you want to discuss your rights

Rigrodsky & Long, P.A announces that it is investigating potential legal claims against the board of directors of Artio Global Investors Inc. ("Artio" or the "Company") (NYSE: ART) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Aberdeen (News - Alert) Asset Management PLC ("Aberdeen") in a transacton valued at approximately $164 million.


Click here to learn more: http://www.rigrodskylong.com/investigations/artio-global-investors-inc-art.

Under the terms of the proposal, public shareholders of Artio will receive $2.75 per share in cash for each share of Artio they own.

The investigation concerns whether Artio's board of directors failed to adequately shop the Company and obtain the best possible value for Artio's shareholders before entering into an agreement with Aberdeen.

If you own the common stock of Artio and purchased your shares before February 14, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/artio-global-investors-inc-art.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.


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