EQUITY ALERT: The Rosen Law Firm Announces Investigation of Norcraft Companies, Inc. Concerning its Proposed Sale to Fortune ...
02 Aprile 2015 - 1:24AM
Business Wire
The Rosen Law Firm, P.A., a global investor rights law firm,
announces that it is investigating the Board of Directors of
Norcraft Companies, Inc. (NYSE:NCFT) for possible breaches of
fiduciary duty and other violations of law by failing to adequately
shop Norcraft to maximize shareholder value before agreeing to be
acquired by Fortune Brands Home & Security (NYSE:FBHS).
If you would like to join the action, go to
http://rosenlegal.com/cases-566.html or contact Phillip Kim or
Kevin Chan toll-free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders will
receive $25.50 in cash for each share of Norcraft common stock they
own. The proposed transaction is valued at approximately $600
million. The investigation relates to whether the proposal is fair
to the public shareholders of Norcraft and whether Norcraft’s Board
breached its fiduciary duties in connection with the proposed
sale.
If you currently own shares of Norcraft and wish to obtain
additional information, please visit the website at
http://rosenlegal.com/cases-566.html. You may also contact Phillip
Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653
or via e-mail at pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
The Rosen Law Firm, P.A.Phillip Kim, Esq.Kevin Chan,
Esq.Laurence Rosen, Esq.275 Madison Avenue, 34th FloorNew York, NY
10016Tel: 212-686-1060Toll Free: 1-866-767-3653Fax:
212-202-3827pkim@rosenlegal.comkchan@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com
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