Rigrodsky & Long, P.A. Announces Investigation Of Met-Pro Corporation Buyout

Rigrodsky & Long, P.A.:

• Do you own shares of Met-Pro Corporation (NYSE: MPR)?
• Did you purchase any of your shares prior to April 22, 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 Met-Pro Corporation (“Met-Pro” or the “Company”) (NYSE: MPR) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by CECO Environmental Corp. (“CECO”) (NASDAQ GM: CECE) in a transaction valued at approximately $202 million.

Click here to learn more: http://www.rigrodskylong.com/investigations/met-pro-corporation-mpr.

Under the terms of the agreement, public shareholders of Met-Pro will receive $13.75 per share for each share of Met-Pro they own. The consideration includes $7.25 per share in cash and $6.50 per share in CECO common stock. Under the terms of the agreement, Met-Pro’s shareholders may elect to exchange each share of Met-Pro common stock for either $13.75 in cash and/or shares of CECO common stock having an equivalent value based on the volume weighted average trading price of CECO common stock for the 15-trading day period ending on the date immediately preceding the closing of the acquisition, subject to a collar. Overall elections are subject to proration such that approximately 53% of the Met-Pro shares will be exchanged for cash and 47% for stock.

The investigation concerns whether Met-Pro’s board of directors failed to adequately shop the Company and obtain the best possible value for Met-Pro’s shareholders before entering into an agreement with CECO.

If you own the common stock of Met-Pro and purchased your shares before April 22, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth Rigrodsky or Brian Long at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, Delaware 19803, by telephone at (302) 295-5310, or Peter Allocco at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to info@rigrodskylong.com, or at: http://www.rigrodskylong.com/investigations/met-pro-corporation-mpr.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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