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The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of LaBarge, Inc

^{Published on 2011-04-05 17:00:28 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of LaBarge, Inc. (AMEX: LB) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Ducommun Incorporated (NYSE: DCO). Under the terms of the proposed transaction, LaBarge shareholders will receive $19.25 in cash per share for a total transaction value of approximately $340 million, including the assumption of debt.

The investigation concerns whether the LaBarge Board of Directors breached their fiduciary duties to LaBarge stockholders by failing to adequately shop the Company before entering into this transaction and whether Ducommun Incorporated is underpaying for LaBarge shares, thus unlawfully harming LaBarge stockholders. According to Yahoo! Finance, at least one analyst set a price target for LaBarge stock at $22.00 per share.

If you own common stock in LaBarge and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [ as@ashainberglaw.com ] or by telephone at (212) 425-7286, or visit [ http://www.ashainberglaw.com/labarge-inc.html ].

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Abe Shainberg, Esq.
132 East 43rd Street, Suite 512
New York, NY 10017
Tel: (212) 425-7286
Fax: (866) 699.3880
Email: [ as@ashainberglaw.com ]