LOJACK SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of LoJack Corporation (LOJN) Over the Proposed Sale of the Company to CalAmp Corp.
PR Newswire
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of LoJack Corporation

NEW YORK, Feb. 10, 2016 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of LoJack Corporation ("LoJack" or the "Company") (NasdaqGS:LOJN) for potential breaches of fiduciary duties in connection with the sale of the Company to CalAmp Corp. for approximately $134 million in an all-cash transaction. 

Faruqi & Faruqi, LLP. (PRNewsFoto/Faruqi & Faruqi, LLP)

The Company's stockholders will only receive $6.45 for each share of Company common stock they own.

Click here for more information: www.faruqilaw.com/LOJN.  There is no cost or obligation to you.

The investigation focuses on whether LoJack's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of LoJack's shareholders.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation.  The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in LoJack and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/LOJN or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Faruqi & Faruqi, LLP
685 Third Avenue, 26th Floor
New York, NY 10017
Attn: Juan Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330

Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We are happy to discuss your particular case.

Logo - http://photos.prnewswire.com/prn/20120119/MM38856LOGO


To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/lojack-shareholder-notice-faruqi--faruqi-llp-announces-the-investigation-of-lojack-corporation-lojn-over-the-proposed-sale-of-the-company-to-calamp-corp-300217668.html

SOURCE Faruqi & Faruqi, LLP

 Top of page