NEW YORK -- (Business Wire)
Harwood Feffer LLP (www.hfesq.com)
is investigating potential claims against the board of directors of C&D
Technologies, Inc. ("C&D" or the "Company") (OTC: CHHP) concerning the
proposed acquisition of the Company by an affiliate of Angelo, Gordon &
Co. (“Angelo Gordon”).
On October 3, 2011, C&D announced it had entered into a definitive
agreement pursuant to which the Company would be acquired by Angelo
Gordon. Under the terms of the agreement, C&D stockholders will receive
$9.75 in cash for each share of Company stock held. C&D stock has traded
as high as $9.60 per share as recently as July 15, 2011. Because Angelo
Gordon already controls 65% of the C&D’s outstanding shares, no
shareholder approval will be necessary for consummation of the deal.
Our investigation concerns whether the board of directors has breached
its fiduciary duties by failing to adequately shop the Company and
whether the board undertook a fair process and obtained fair
consideration for C&D stockholders.
Harwood Feffer has been representing individual and institutional
investors for many years, serving as lead counsel in numerous cases in
federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com)
for more information about the firm.
If you own C&D shares and wish to discuss this matter with us, or have
any questions concerning your rights and interests with regard to this
matter, please contact:
Robert I. Harwood, Esq.
Peter W. Overs, Jr., Esq.
Benjamin Sachs-Michaels
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: rharwood@hfesq.com
povers@hfesq.com
bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Attorney Advertising. © 2011 Harwood Feffer LLP. The law firm
responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter.

Contacts:
Harwood Feffer LLP
Robert I. Harwood, Esq.
Peter W. Overs,
Jr., Esq.
Benjamin Sachs-Michaels
877-935-7400
212-935-7400
rharwood@hfesq.com
povers@hfesq.com
bsachsmichaels@hfesq.com
Website:
http://www.hfesq.com
Source: Harwood Feffer LLP
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