Company Website: http://www.rigrodskylong.com
WILMINGTON, Del. -- (Business Wire)

Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of C&D Technologies, Inc. (“C&D Technologies” or the “Company”) (OTC: CHHP.ob) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s receipt of a proposal from affiliates of Angelo, Gordon & Co., LP (“Angelo Gordon”), to acquire the remainder of the Company it does already own for $9.50 per share in cash (the “Proposal”).

Click here to learn more and how to join the action: http://www.rigrodskylong.com/news/CDTechnologiesInc-CHHP.

The investigation concerns whether C&D Technologies’ board of directors is adequately shopping the Company and working to obtain the best price possible for C&D Technologies’ shareholders.

The Proposal contemplates Angelo Gordon’s acquisition of all of the outstanding shares of common stock of C&D Technologies it does not already own for $9.50 per share in cash. Angelo Gordon already owns approximately 65% of the Company’s outstanding common stock.

If you own the common stock of C&D Technologies and purchased your shares before June 16, 2011, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky, Esquire or Noah R. Wortman, Case Development Director, of Rigrodsky & Long, P.A., 919 N. Market Street, Suite 980, Wilmington, Delaware 19801, by telephone at (888) 969-4242, or by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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Contacts:

Rigrodsky & Long, P.A.
Seth D. Rigrodsky, Esquire
Noah R. Wortman, Case Development Director
(888) 969-4242
(302) 295-5310
Fax: (302) 654-9430
info@rigrodskylong.com
http://www.rigrodskylong.com

Source: Rigrodsky & Long, P.A.