TMCnet News

SINO GAS INTERNATIONAL HOLDINGS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout
[April 04, 2014]

SINO GAS INTERNATIONAL HOLDINGS, INC. SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation Of Buyout


WILMINGTON, Del. --(Business Wire)--

Rigrodsky & Long, P.A.:

  • Do you own shares of Sino Gas International Holdings, Inc. (OTC QB: SGAS)?
  • Did you purchase any of your shares prior to April 2, 2014?
  • Do you think the proposed buyout price is too low?
  • Do you want to discuss your rights?

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Sino Gas International Holdings, Inc. ("Sino" or the "Company") (OTC QB: SGAS) regarding possible breaches of fiduciary duties and other violations of law related to the Company's entry into an agreement to be acquired by Prosperity Gas Holdings Limited ("Prosperity"),in a transaction valued at approximately $74.9 million.



Click here to learn more: http://www.rigrodskylong.com/investigations/sino-gas-international-holdings-inc-sgas.

Under the terms of the agreement, public shareholders of Sino will receive $1.30 per share in cash for each share of Sino they own.


The investigation concerns whether Sino's board of directors failed to adequately shop the Company and obtain the best possible value for Sino's shareholders before entering into an agreement with Prosperity.

If you own the common stock of Sino and purchased your shares before April 2, 2014, 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 Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803, by telephone at (888) 969-4242; by e-mail to [email protected], or at: http://www.rigrodskylong.com/investigations/sino-gas-international-holdings-inc-sgas.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

Attorney advertising. Prior results do not guarantee a similar outcome.


[ Back To TMCnet.com's Homepage ]