Kendall Law Group Investigates Allied Defense Group Inc. on Behalf of Shareholders

DALLAS--(EON: Enhanced Online News)--Kendall Law Group, founded by a former federal judge, is investigating the proposed acquisition of Allied Defense Group Inc. (AMEX: ADG) by Chemring Group PLC to determine whether the consideration to be paid to shareholders in this transaction is unfair and substantially below the fair or inherent value of Allied. The firm is also investigating whether the Board of Directors may have breached their fiduciary duties by not adequately shopping the Company before entering into the transaction.

On January 19, 2010, Allied announced that they had reached an agreement for Chemring to acquire the Company in a $59 million transaction. According to the agreement, shareholders will receive $7.25 in cash per ADG share owned, which represents a 54% premium over the $4.71 closing price of Allied on the last trading day before the announcement.

If you are a current holder of ADG and would like additional information concerning this proposed transaction, including your rights, contact Hamilton Lindley at 877-744-3728 or by email at [e-mail]. Kendall Law Group has substantial experience representing investors in mergers and acquisitions nationwide. Lawyers at the firm include a former United States Attorney, federal judicial law clerk, a former state and federal judge, in addition to experienced securities lawyers.