NEW YORK -- (Business Wire)
MURRAY FRANK LLP is investigating claims of breach of fiduciary duties
by certain members of the board of directors of C&D Technologies, Inc.
(OTC: CHHP) (“C&D” or the “Company”) in relation to the acquisition of
the Company by an affiliate of Angelo, Gordon & Co. (“Angelo Gordon”).
On October 3, 2011, C&D announced the signing of a definitive merger
agreement pursuant to which C&D will be acquired by an affiliate of
Angelo Gordon, which already owns approximately 65% of the outstanding
shares of C&D’s common stock, in an all-cash transaction under which C&D
stockholders will receive $9.75 in exchange for each share of C&D common
stock owned.
The investigation seeks to determine whether certain members of the
board of directors breached their fiduciary duties in connection with
their efforts to sell C&D to the Angelo Gordon affiliate at an
inadequate price through an unfair process which significantly
undervalues the Company.
If you are a current investor in C&D, who purchased CHHP shares before
October 3, 2011, and you wish to discuss this investigation or have any
questions concerning this notice or your rights or interests with
respect to these matters, please contact Bridget V. Hamill at (800)
497-8076 or (212) 682-1818, or by email at investigations@murrayfrank.com.

Contacts:
MURRAY FRANK LLP
Bridget V. Hamill, 800-497-8076 / 212-682-1818
investigations@murrayfrank.com
www.murrayfrank.com
Source: MURRAY FRANK LLP
© 2026 Canjex Publishing Ltd. All rights reserved.