Fuel Systems Solutions Inc.

Published : September 01st, 2015

Fuel Systems Solutions, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Westport Innovations Inc.

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Fuel Systems Solutions, Inc. Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Merger with Westport Innovations Inc.

DALLAS--(BUSINESS WIRE)--

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Fuel Systems Solutions, Inc. (“Fuel Systems”) (FSYS) concerning the merger with Westport Innovations Inc. Under the terms of the agreement, Fuel Systems shareholders will only receive 2.129 Westport shares per share held. The consideration is significantly lower than the 52-week high and at least one analyst’s estimated value of $11.00.

If you are an affected investor, and you want to learn more about the investigation or if you have information that you believe would be helpful to our investigation of the fairness of the proposed transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via email at shareholders@thebriscoelawfirm.com, Patrick Powers at Powers Taylor LLP via e-mail at shareholder@powerstaylor.com or by calling toll free at (877) 728-9607. There is no cost or fee to you.

The investigation centers on whether Fuel Systems’ Board of Directors is acting in the shareholders’ best interests, whether the board is properly negotiating a higher share price for the shareholders, and whether the board has employed an adequate process to review and act on the proposed transaction. Notably, at least one analyst with Yahoo! Finance believes the true inherent value of Fuel Systems could be as high as $11.00 per share.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.

Read the rest of the article at finance.yahoo.com

Fuel Systems Solutions Inc.

CODE : FSYS
ISIN : US35952W1036
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Fuel Systems is based in United states of america.

Fuel Systems is listed in Germany and in United States of America. Its market capitalisation is US$ 97.7 millions as of today (€ 87.1 millions).

Its stock quote reached its highest recent level on June 06, 2014 at US$ 9.89, and its lowest recent point on June 01, 2016 at US$ 5.40.

Fuel Systems has 18 090 000 shares outstanding.

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