SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

November 10, 2014 11:38 ET

BTUI SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of BTU International, Inc. of Class Action Against the Board of Directors of the Company Regarding the Fairness of the Sale of the Company to Amtech Systems, Inc. -- BTUI

NEW YORK, NY--(Marketwired - Nov 10, 2014) - Levi & Korsinsky notifies investors of BTU International, Inc. ("BTU" or "the Company") (NASDAQ: BTUI) of claims of breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Amtech Systems, Inc. A complaint was filed in Delaware state court.

Click here to learn more about the investigation: http://zlk.9nl.com/btu-international-btui.

Under the terms of the transaction, BTU shareholders will receive 0.3291 newly registered shares of Amtech common stock for each share of BTU stock they own, or approximately $3.33 per share. The claims concern whether the Board of BTU breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Amtech Systems, Inc. is underpaying for BTU shares. In particular, BTU stock traded above the offer price as recently as October 8, 2014.

If you own BTU common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/btu-international-btui.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 28 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com