SPX Flow Inc. and its corporate directors were hit with a shareholder lawsuit Friday in Pennsylvania Eastern District Court over the company's planned $3.8 billion sale to an affiliate of Lone Star Funds. The court action was brought by Grabar Law Office on behalf of Marc Waterman. Counsel have not yet appeared for the defendants. The case is 2:22-cv-00561, Waterman v. SPX Flow, Inc. et al.

This suit was surfaced by Law.com Radar, a source for high-speed legal news and litigation updates personalized to your practice. Law.com Radar publishes daily updates on just-filed federal cases like this one. Click here to get started and be first to know about new suits in your region, practice area or client sector. Read the complaint here: