The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of NYSE Euron...
24 Febbraio 2011 - 11:42PM
Business Wire
The Law Offices of Vincent Wong are investigating the Board of
Directors of NYSE Euronext (“NYSE Euronext” or the “Company”)
(NYSE: NYX) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the company
to Deutsche Boerse AG (NasdaqGS: DB1). Under the terms of the
transaction, each share NYSE Euronext stock will be converted to
0.47 shares in a new company in which NYSE Euronext shareholders
would own a minority 40% interest.
The investigation concerns whether the NYSE Euronext Board of
Directors breached their fiduciary duties to NYSE Euronext
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Deutsche Boerse AG is
underpaying for NYSE Euronext shares, thus unlawfully harming NYSE
Euronext stockholders. As reported by Yahoo! Finance, at least one
analyst set a price target for NYSE Euronext stock at $46 per
share.
If you own common stock in NYSE Euronext and wish to obtain
additional information, please contact Vincent Wong, Esq. either
via email vw@wongesq.com, by telephone at 212.584.2740, or visit
http://www.wongesq.com/nyseeuronext.html.
Vincent Wong, Esq. is an experienced attorney that has
represented investors in securities litigations involving financial
fraud and violations of shareholder rights. Attorney advertising.
Prior results do not guarantee similar outcomes.
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni NYSE Group (NYSE:NYX)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Nyse Euronext (Borsa di New York (NYSE)): 0 articoli recenti
Più The Law Offices of Vincent Wong Articoli Notizie