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Lifshitz Law Firm Announces Investigation of Actuant Corp

Wednesday, 5 Dec 2012 04:40pm EST 

Lifshitz Law Firm announced that an investigation into possible breaches of fiduciary duty in connection with the proposed vote scheduled for January 15, 2013 to approve an amendment to the Actuant Corp("Actuant") 2009 Omnibus Incentive Plan (the "Plan") to, among other things, increase the number of shares of Class A common stock issuable under the Plan by an additional 4,000,000 shares. The increase in the number of Class A common stock could have a substantial dilutive effect on Actuant stock. 

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-0.22 -0.68%
31 Jul 2014