WILMINGTON, Del., Nov. 5, 2014 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of Dawson Geophysical Company (NASDAQ
GS: DWSN)?
- Did you purchase any of your shares prior to October 9, 2014?
- Do you think the proposed merger value 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 Dawson
Geophysical Company ("Dawson" or the "Company") (NASDAQ GS: DWSN)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company's entry into an agreement
to merge with TGC Industries, Inc. ("TGC") (NASDAQ GS: TGE).
Click here to learn more:
http://www.rigrodskylong.com/investigations/dawson-geophysical-company-dwsn.
Under the terms of the agreement, following a 1-for-3 reverse
stock split by TGC, Dawson shareholders will receive 1.76 shares of
TGC split-effected common stock for each share of Dawson common
stock held at the effective time of the transaction, with cash to
be paid in lieu of any fractional shares.
The investigation concerns whether Dawson's board of directors
failed to adequately shop the Company and obtain the best possible
value for Dawson's shareholders before entering into an agreement
with TGC.
If you own the common stock of Dawson and purchased your shares
before October 9, 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, DE 19803, by telephone
at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/dawson-geophysical-company-dwsn.
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.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE Rigrodsky & Long, P.A.