San Diego, CA -- (SBWIRE) -- 04/13/2017 -- The Shareholders Foundation announces that an investor, who currently holds shares of Air Methods Corp (NASDAQ:AIRM), filed a lawsuit against the takeover of Air Methods Corp. by American Securities LLC for $43.00 per share.

Investors who purchased shares of Air Methods Corp (NASDAQ:AIRM) and currently hold any of those NASDAQ:AIRM shares have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call 858-779-1554.

The plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:AIRM stockholders by agreeing to sell Air Methods Corp too cheaply via an unfair process to affiliates of American Securities LLC

On March 14, 2017, Air Methods Corp (NASDAQ:AIRM) announced that it has entered into an agreement to be acquired by affiliates of American Securities LLC. Under the terms of the agreement, affiliates of American Securities LLC will acquire all outstanding shares of Air Methods Corp (NASDAQ:AIRM) for $43.00 per share in cash.

However, plaintiff claims that the proposed consideration NASDAQ:AIRM shareholders will receive is grossly inadequate and undervalues Air Methods Corp. Indeed, at least one analyst has set the high target price for NASDAQ:AIRM shares at $47.00 per share. In addition, the plaintiff alleges that the process is also unfair NASDAQ:AIRM stockholders.

Shares of Air Methods Corp (NASDAQ:AIRM) closed on April 12, 2017 at $42.95 per share.

Those who are current investors in Air Methods Corp shares have certain options and should contact the Shareholders Foundation.

Contact:
Shareholders Foundation, Inc.
Michael Daniels
3111 Camino Del Rio North - Suite 423
92108 San Diego
Phone: +1-(858)-779-1554
Fax: +1-(858)-605-5739
mail@shareholdersfoundation.com