Frozen Food Express Shareholder Alert: Briscoe Law Firm & Powers Taylor Investigate Sale of Frozen Food Express to Duff Broth...
15 Luglio 2013 - 5:55PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the sale of Frozen Food Express Industries
(“Frozen Food”) (NasdaqGS: FFEX) to Duff Brothers Capital
Corporation for shareholders. Under the terms of the merger
agreement, valued at approximately $38.2 million, Frozen Food
shareholders will receive only $2.10 in cash per share owned, well
below the 52-week high of $2.50.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, please contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at
WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor,
LLP, toll free (877) 728-9607 or via email at
shareholder@powerstaylor.com. There is no cost or fee to you.
The Frozen Food sale investigation centers on whether Frozen
Food’s shareholders are receiving adequate compensation for their
shares in the proposed deal, whether the transaction undervalues
Frozen Food’s stock, and whether Frozen Food’s board attempted to
obtain the highest share price for all shareholders prior to
agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor, LLPZach
Groover, 877-728-9607shareholder@powerstaylor.com
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