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Levi & Korsinsky, LLP is investigating the Board of Directors of JA Solar Holdings Co., Ltd. (NASDAQGS: JASO) in connection with the sale of the Company to a consortium. Under the terms of the transaction, JA Solar shareholders will receive $1.51 per ordinary share and $7.55 per American depositary share.
The investigation concerns whether the Board of JA Solar breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether the Consortium is underpaying for JA Solar shares, thus unlawfully harming JA Solar shareholders.
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