NEW YORK, June 26, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Xerium Technologies, Inc. (NYSE: XRM) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Andritz AG. Stockholders will receive $13.50 in cash for each share of Xerium Technologies, Inc. stock that they hold. The transaction is valued at approximately $833 million and is expected to close in the second half of 2018.

If you are a stockholder of Xerium Technologies, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/xrm. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at info@rowleylawpllc.com, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).  

Rowley Law PLLC represents shareholders nationwide in class actions and derivative lawsuits in complex corporate litigation. For more information about the firm and its attorneys, please visit http://www.rowleylawpllc.com. 

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SOURCE Rowley Law PLLC