Perceptron, Inc.

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Ademi LLP is investigating Perceptron (Nasdaq:PRCP) for possible breaches of fiduciary duty and other violations of the law in connection with the sale to Atlas Copco.

Ademi LLP alleges Perceptron’s financial outlook is improving and yet shareholders will receive only $7.00 per share in cash for each share of common stock held. The merger agreement unreasonably limits competing bids for Perceptron by prohibiting solicitation of further bids, and imposing a termination penalty if Perceptron accepts a superior bid. Perceptron insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of Perceptron’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for Perceptron.