NEW YORK, May 4, 2015 /PRNewswire/ — Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of PMFG, Inc. (“PMFG” or the “Company”) (NASDAQ: PMFG) concerning the proposed acquisition of the Company by CECO Environmental Corp. (“CECO”) in transaction worth approximately $150 million.

Under the terms of the transaction, PMFG shareholders would receive the election of either $6.85 per share in cash or CECO stock worth $6.85 for each share of PMFG owned. According to Yahoo Finance, one analyst has set a price target for PMFG shares of $9.50.

Our investigation concerns whether the PMFG board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders.

If you own PMFG 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:

Benjamin I Sachs-Michaels, Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: povers@hfesq.com
Website: http://www.hfesq.com

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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.

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SOURCE Harwood Feffer LLP