SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

July 11, 2011 17:58 ET

The Law Firm of Levi & Korsinsky, LLP Notifies Shareholders of Claims of Breaches of Fiduciary Duty by the Board of Ameron International Corporation in Connection With Merger With National Oilwell Varco, Inc.

NEW YORK, NY--(Marketwire - Jul 11, 2011) - Levi & Korsinsky notifies investors in Ameron International Corporation ("Ameron International" or "the Company") (NYSE: AMN) of claims breaches of fiduciary duty and other violations of state law against the Board of Directors of the Company in connection with the sale of the Company to National Oilwell Varco, Inc. (NYSE: NOV). Under the terms of the transaction, Ameron International shareholders will receive $85.00 per share in cash for each share of Ameron International stock they own. The transaction has a total approximate value of $772 million. A complaint was filed in Delaware state court.

Click here to learn how to join the action: http://zlk.9nl.com/amn-international-classaction, or call: 877-363-5972.

The claims concern whether the Ameron International Board of Directors breached their fiduciary duties to Ameron International stockholders by failing to adequately shop the Company before entering into this transaction and whether National Oilwell Varco, Inc. is underpaying for Ameron International shares, thus unlawfully harming Ameron International stockholders.

If you own common stock in Ameron International 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://www.zlk.com/ameron-international-amn.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. 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

  • CONTACT:
    Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 15th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (212) 363-7171
    www.zlk.com