Law Offices of Howard G. Smith announces that it is investigating
potential claims against the board of directors of The Allied Defense
Group, Inc. ("ADG” or the "Company”) (AMEX:ADG) related to the Company’s
agreement to be acquired by Chemring Group PLC, in an all-cash
transaction valued at approximately $59 million.
Under the terms of a definitive merger agreement entered into by the
parties, ADG shareholders will receive $7.25 in cash for each share of
ADG common stock they own. The transaction is expected to close within
90 days. The investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction by
the ADG board of directors.
If you own shares of The Allied Defense Group, Inc., 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 Howard G. Smith, Esquire, of Law Offices of Howard G.
Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020 by
telephone at (215) 638-4847, Toll Free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com,
or visit our website at http://www.howardsmithlaw.com.