Rigrodsky & Long, P.A. Announces Investigation Of Lufkin Industries Inc. Buyout

WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.: Do you own shares of Lufkin Industries Inc. (NASDAQ GS: LUFK)? Did you purchase any of your shares prior to April 8, 2013? Do you think the proposed buyout price is too low? Do you want to discuss your rights? Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Lufkin Industries Inc. (“Lufkin” or the “Company”) (NASDAQ GS: LUFK) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by General Electric Company (“GE”) (NYSE: GE) in a transaction valued at approximately $3.3...