Sichenzia Ross Friedman Ference LLP’s Israeli Affiliate DTKGC-SRFF Represents Spectronix in $100M Sale to Emerson Electric
Press Release – August 12, 2015 – Tel Aviv, Israel – DTKGC-SRFF, the Israeli affiliate law firm of Sichenzia Ross Friedman Ference LLP, announced today that the Firm has represented the Israeli fire detection sensor developer, Spectronix Ltd. on its $100 million reverse triangular merger with Emerson Process Management Asia Pacific Private Limited, a subsidiary of Emerson Electric (NYSE:EMR). The price consisted of $79 million in cash and $20 million to be distributed to Spectronix’s shareholders as dividends.
The DTKGC-SRFF team was led by Partners Ronen Kantor Adv., Giora Gutman Adv., and Eran Dekel Adv.
Sichenzia Ross Ference LLP is a full service law firm with a nationally recognized corporate, securities and litigation practice that provides experienced representation in all matters involving the securities industry. In addition to handling routine to complex commercial matters, SRF’s renowned litigation department specializes in defending companies and individuals against all types of securities cases, including class action lawsuits, shareholder derivative actions, and matters involving allegations of fraud, misrepresentation or other securities violations. The litigation team has also brought defamation lawsuits against companies and individuals related to market manipulation. Additionally, it represents individuals and companies in investigations by the Securities and Exchange Commission (SEC) and other regulatory bodies. The litigation team has a robust practice representing brokers and broker-dealers in arbitrations before the Financial Industry Regulatory Authority (FINRA). These arbitrations typically involve claims of unsuitability, churning, unauthorized trading and other allegations of broker misconduct. Finally, SRF has a burgeoning expungement practice, where it represents brokers seeking to have negative and harmful customer complaints removed from their industry records. The firm complements its core practice areas with an established commercial real estate and trusts and estates practice.
DTKCG-SRFF is the international affiliation between New York-based securities and corporate law firm Sichenzia Ross Ference Kesner LLP (“SRFK”) and Israeli-based law firm Doron, Tikotzky, Kantor, Gutman, Cederboum and Co. The affiliation was established in 2015 to offer Israeli client companies opportunities to seamlessly gain access and raise capital in the U.S. markets.