NEW YORK, Nov. 6, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Dawson
Geophysical Company ("Dawson Geophysical" or "the Company")
(NASDAQ: DWSN) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to TGC Industries, Inc. (NASDAQ: TGE).
Click here to learn more about the investigation:
http://zlk.9nl.com/dawson-geophysical-dwsn.
Under the terms of the transaction, TGC will implement a 1-for-3
reverse stock split, after which Dawson Geophysical shareholders
will receive 1.76 shares of TGC common stock for each share of
Dawson Geophysical stock they own. The investigation concerns
whether the Board of Dawson Geophysical breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether TGC
Industries, Inc. is underpaying for Dawson Geophysical shares.
If you own Dawson Geophysical common stock and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://zlk.9nl.com/dawson-geophysical-dwsn.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP