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Electro Rent Corporation (NASDAQ:ELRC) Investor Lawsuit Against Acquisition By Platinum Equity Filed

  • If you purchased shares of Electro Rent Corporation (NASDAQ:ELRC) and currently hold any of those NASDAQ:ELRC shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

June 13, 2016 (Shareholders Foundation) - An investor who currently holds shares of Electro Rent Corporation (NASDAQ:ELRC), filed a lawsuit in effort to halt the proposed takeover of Electro Rent Corporation by Platinum Equity for $13.12 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:ELRC stockholders by agreeing to sell Electro Re...



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