SHAREHOLDER ALERT: Brower Piven Announces Class Action Lawsuit in Connection With Claims of Breaches of Fiduciary Duty by the...
11 Avril 2014 - 10:12PM
The securities litigation law firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been
commenced in the Delaware Chancery Court on behalf of all common
stockholders of Schawk, Inc. ("Schawk" or the "Company") (NYSE:SGK)
asserting claims that the members of the Company's board of
directors have breached fiduciary duties they owe to Schawk
shareholders.
Schawk recently announced that it has entered into a definitive
merger agreement to be acquired by Matthews International
Corporation ("Matthews"). According to the complaint, under the
terms of the proposed transaction, Schawk shareholders will receive
$11.80 cash and 0.20582 shares of Matthews' common stock for each
Schawk share held. The claims asserted in the lawsuit concern
whether the Company's Board of Directors breached their fiduciary
duties to stockholders by failing to maximize shareholder value
before agreeing to enter into this transaction, and whether
Matthews is underpaying for Schawk shares.
If you currently own common stock of Schawk and would like to
learn more about this lawsuit and your ability to participate as a
plaintiff, without cost or obligation to you, click here:
http://www.browerpiven.com/currentinvestigations.html.
You may also request more information by contacting Brower Piven
either by email at hoffman@browerpiven.com or by telephone at (410)
415-6616. Attorneys at Brower Piven together have more than a
century of experience litigating securities and other class action
cases.
CONTACT: Charles J. Piven
Brower Piven, A Professional Corporation
1925 Old Valley Road
Stevenson, Maryland 21153
Telephone: 410-415-6616
hoffman@browerpiven.com
Schawk (NYSE:SGK)
Graphique Historique de l'Action
De Mai 2024 à Juin 2024
Schawk (NYSE:SGK)
Graphique Historique de l'Action
De Juin 2023 à Juin 2024
Real-Time news about Schawk, Inc. (New York Stock Exchange): 0 recent articles
Plus d'articles sur