Kaskela Law LLC Announces Investigation of SORL Auto Parts, Inc. on Behalf of Investors – SORL

PHILADELPHIA, PA / ACCESSWIRE / January 22, 2020 / Kaskela Law LLC announces that it is investigating SORL Auto Parts, Inc. ("SORL") (Nasdaq:SORL) on behalf of the company's investors.

On November 29, 2019, SORL announced that it had entered into a merger agreement with Ruili International Inc. ("Ruili"), whereby Ruili will acquire all of the outstanding publicly traded shares of SORL for $4.72 per share in cash. Following the closing of the proposed transaction with Ruili, SORL will cease to be a publicly traded company.

The investigation seeks to determine whether SORL shareholders are expected to receive adequate consideration from Ruili for their shares, and whether SORL's officers and/or directors violated the securities laws or breached their fiduciary duties in connection with the sale of the Company to Ruili.

SORL shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq.) at (888) 715 – 1740, or via email at skaskela@kaskelalaw.com, to discuss this investigation and their legal rights and options with respect to this transaction. Additional information may also be found at http://kaskelalaw.com/case/sorl-auto-parts-inc/.

Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.

CONTACT:

D. Seamus Kaskela, Esq.
KASKELA LAW LLC
18 Campus Boulevard, Suite 100
Newtown Square, PA 19073
(484) 258 – 1585
(888) 715 – 1740
www.kaskelalaw.com
skaskela@kaskelalaw.com

SOURCE: Kaskela Law LLC

ReleaseID: 573839