SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Fro...
16 Luglio 2013 - 1:19PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Frozen Food Express Industries, Inc. (“FFE” or the “Company”)
(Nasdaq: FFEX) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Duff Brothers Capital Corporation (“Duff Brothers”).
Click here to learn more about the investigation
http://zlk.9nl.com/frozen-food-express-industries-ffex/, or
call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Duff Brothers will pay $2.10
in cash for each share of FFE stock it does not already own. The
investigation concerns, among other things, whether the
consideration to be paid to FFE shareholders is unfair, inadequate,
and substantially below the fair or inherent value of FFE, and
whether the FFE Board is acting in FFE shareholders’ best
interests. Insiders including FFE’s Chairman, Stoney M. Stubbs, Jr.
have already agreed to tender their shares.
If you own common stock in FFE and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/frozen-food-express-industries-ffex/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey and Washington D.C. The firm has extensive
expertise in prosecuting securities litigation involving financial
fraud, representing investors throughout the nation in securities
and shareholder lawsuits. The attorneys at Levi & Korsinsky
have been appointed by numerous courts throughout the country to
serve as lead counsel on behalf of shareholders in major securities
lawsuits and have successfully recovered multimillion-dollar
damages awards on behalf of investors. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
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