INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of Schawk, Inc. of Claims Against Its Board of Directors in Connecti...
24 Aprile 2014 - 5:56PM
Marketwired
INVESTOR ALERT: LEVI & KORSINSKY, LLP Notifies Investors of
Schawk, Inc. of Claims Against Its Board of Directors in Connection
With the Sale of the Company to Matthews International Corp. -- SGK
NEW YORK, NY--(Marketwired - Apr 24, 2014) - Levi &
Korsinsky notifies investors of Schawk, Inc. ("Schawk" or "the
Company") (NYSE: SGK), marketed as SGK, of claims of breaches of
fiduciary duty and other violations of state law against the board
of directors of the company in connection with the sale of the
Company to Matthews International Corp. ("Matthews") (NASDAQ:
MATW). A complaint was filed in Delaware state court.
Click here to learn more go to http://zlk.9nl.com/schawk-sgk, or
call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Schawk shareholders will
receive $11.80 in cash and 0.20582 shares of Matthews stock for
each share of Schawk stock they own, representing a value of
approximately $20 per share. The claims concern whether the Schawk
Board breached their fiduciary duties to stockholders by engaging
in an unfair and inadequate sales process to the detriment of
common shareholders. The Schawk family and family trusts account
for 61% of the Company's shares, and David A. Schawk will lead the
combined business following the completion of the merger.
If you own Schawk common stock 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/schawk-sgk.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky,
Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212)
363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
www.zlk.com
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