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SHAREHOLDER ALERT: Rigrodsky & Long, P.A. Announces Investigation of WSI Industries, Inc. Buyout

October 3, 2018

WILMINGTON, Del.--(BUSINESS WIRE)--Oct 3, 2018--Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors (“Board”) of WSI Industries, Inc. (“WSI Industries” or the “Company”) (NASDAQ CM: WSCI ) related to the Company’s entry into an agreement to be acquired by Polaris Industries Inc. (“Polaris”) (NYSE: PII ) in a transaction announced on September 6, 2018 (the “Proposed Transaction”).

On September 5, 2018, the Board caused WSI Industries to enter into an agreement and plan of merger (the “Merger Agreement”) with Polaris. Pursuant to the terms of the agreement, shareholders of WSI Industries will receive $7.00 in cash for each share of WSI Industries common stock.

On October 2, 2018, WSI Industries filed a definitive proxy statement (“Proxy Statement”) with the United States Securities and Exchange Commission in connection with the Proposed Transaction, which recommends that WSI Industries’ shareholders vote in favor of the Proposed Transaction. Rigrodsky & Long, P.A.  is investigating possible violations of law related to the Proxy Statement, including whether the Proxy Statement omits material information with respect to the Proposed Transaction.

If you own common stock of WSI Industries and purchased any shares before September 6, 2018, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra toll-free at (888) 969-4242, by e-mail at info@rl-legal.com, or at https://www.rigrodskylong.com/offices-contact.

Rigrodsky & Long, P.A., with offices in Delaware, New York, and California, has recovered hundreds of millions of dollars on behalf of investors and achieved substantial corporate governance reforms in numerous cases nationwide, including federal securities fraud actions, shareholder class actions, and shareholder derivative actions.

Attorney advertising. Prior results do not guarantee a similar outcome.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181003005838/en/

CONTACT: Rigrodsky & Long, P.A.

Seth D. Rigrodsky

Gina M. Serra

888-969-4242

302-295-5310

Fax: 302-654-7530

info@rl-legal.com

http://www.rigrodskylong.com

KEYWORD: UNITED STATES NORTH AMERICA DELAWARE NEW YORK

INDUSTRY KEYWORD: PROFESSIONAL SERVICES LEGAL

SOURCE: Rigrodsky & Long, P.A.

Copyright Business Wire 2018.

PUB: 10/03/2018 03:25 PM/DISC: 10/03/2018 03:25 PM

http://www.businesswire.com/news/home/20181003005838/en

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