Axsys Technologies, Inc. (Nasdaq: AXYS) Class Action Investigation
Abington IP is investigating the Board of Directors of Axsys Technologies, Inc. (Nasdaq: AXYS) because of its attempt to sell the Company to General Dynamics at a potentially unfair price.
In short, pursuant to the agreement between the two companies, Axsys shareholders would receive $54 for each share they own. However, analysts currently place a median price target of $64 per share with a high price target of $80 per share. Axsys shares traded at over $72 per share as recently as December 2008. For these reasons, Abington IP is investigating whether the current price is fair.
If you are an Axsys Technologies, Inc. (Nasdaq: AXYS) shareholder and would like to be contacted about possible participation in a class action lawsuit against Axsys Technologies, Inc. (Nasdaq: AXYS), please submit your information below. This website is not associated with nor authorized by Axsys Technologies, Inc.
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