The Law Office of Joseph Klein is investigating the Board of Directors of California Pizza Kitchen, Inc. (Nasdaq: CPKI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to an affiliate of Golden Gate Capital. Under the terms of the deal, Golden gate Capital will pay California Pizza shareholders $18.50 in cash per share. The transaction has a total value of approximately $470 million.

The investigation concerns whether the California Pizza Board of Directors breached their fiduciary duties to California Pizza stockholders by failing to adequately shop the Company before entering into this transaction and whether Golden Gate Capital is underpaying for California Pizza shares. At least one analyst set a price target for California Pizza stock at $24.00 per share.

If you own common stock in California Pizza and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at jk@jkleinlawfirm.com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www.jkleinlawfirm.com/california-pizza-kitchen.html.

Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.

California Pizza Kitchen (NASDAQ:CPKI)
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California Pizza Kitchen (NASDAQ:CPKI)
Graphique Historique de l'Action
De Jan 2024 à Jan 2025 Plus de graphiques de la Bourse California Pizza Kitchen