Faruqi & Faruqi, LLP Announces Filing of a Class Action Lawsuit Against KMG Chemicals, Inc. (KMG)

NEW YORK, Oct. 15, 2018

On August 14, 2018, the Board caused the Company to enter into an Agreement and Plan of Merger ("Proposed Transaction") under which each share of KMG common stock will be exchanged for $55.65 in cash and 0.2 shares of Cabot common stock (the "Merger Consideration"). The shareholder vote on the Proposed Transaction is expected to occur on November 13, 2018.

The complaint alleges that the Form S-4 Registration Statement (the "S-4") filed with the Securities and Exchange Commission ("SEC") on September 12, 2018, violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Transaction, including information concerning the Company's financial projections and analysis, on which the Board relied to recommend the Proposed Transaction as fair to KMG shareholders.

If you wish to obtain information concerning this action, you can do so by clicking here: www.faruqilaw.com/KMGnotice.

Take Action

Plaintiff is represented by Faruqi & Faruqi, LLP, a law firm with extensive experience in prosecuting class actions, and significant expertise in actions involving corporate fraud.  Faruqi & Faruqi, LLP, was founded in 1995 and the firm maintains its principal office in New York City, with offices in Delaware, California, Georgia, and Pennsylvania.