Quixote Corp. Merger Litigation (Nasdaq: QUIX)

Law Office of Brodsky & Smith, LLC Announces Investigation of Quixote Corp. 
 
BEVERLY HILLS, CA – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Quixote Corp. (“Quixote” or the “Company”) (Nasdaq: Quix – News) related to the proposed acquisition by Trinity Industries, Inc. (“Trinity”) (NYSE: TRN- News). 
 
Under the terms of the transaction, Quixote stockholders will receive $6.38 in cash for each share of Quixote common stock they own. The transaction is valued at approximately $61 million. The investigation concerns whether the board breached their fiduciary duties by agreeing to an offer price below the 52-week high and by including various deal protections that may prevent other superior offers. These protections include a “Purchaser Option” to acquire additional shares and the board’s agreement to pay a $3 million termination fee  
 
If you are a Quixote shareholder and wish to discuss the legal ramifications of the Board’s actions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, 9595 Wilshire Blvd., Suite 900, Beverly Hills, CA 90212, by e-mail at clients@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

To Join the Quixote Corp. Litigation

1. Fill out this form

   Mr/Mrs/Ms --Select a title-- Mr. Mrs. Ms.

   First Name: Required

   Last Name:Required

   
   

   Address: Required

   City: Required

   State: Required Select a State AK AL AR AZ CA CO CT DC DE FL GA HI IA ID IL IN KS KY LA MA MD ME MI MN MO MS MT NC ND NE NH NJ NM NV NY OH OK OR PA RI SC SD TN TX UT VA VT WA WI WV WY

   
   

   Email Address:Required

   Phone Number:Required

   
   

   Number of Shares Owned:Required

   Date purchased:

   
   

   By clicking on the submit button, I acknowledge that I have downloaded and read both the Merger Class Action Lawsuit Retainer Agreement and Class Representative Rights and Responsibilities documents, and agree to retain Brodsky & Smith, LLC to file an action against Quixote Corp. in connection with this case. Brodsky & Smith, LLC will prosecute the action on a contingent fee basis and will advance all costs and expenses.
   

View Complaint

The complaint is unavailable at this time

Join Other Cases

Frequently Asked Questions

 

Home : All cases : Report a Fraud

FAQ's : Attorneys : Practice Areas : Contact Us : Links : Disclaimer