Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Wausau Paper Corp.
17 Ottobre 2015 - 3:05AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Wausau Paper Corp. ("Wausau Paper” or "the Company") (NYSE: WPP)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to SCA.
Click here to learn more about the investigation
http://brodsky-smith.com/988-wpp-wausau-paper-corp.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Wausau Paper shareholders
will receive only $10.25 in cash for each share of Wausau Paper
stock they own. The investigation concerns whether the Board of
Wausau Paper breached their fiduciary duties to shareholders and
whether SCA is underpaying for Wausau Paper. The transaction may
undervalue Wausau Paper and will result in a loss for many Wausau
Paper shareholders. For example, Wausau Paper stock traded at
$11.26 per share as recently as January 2, 2015 and traded at
$14.01 per share on February 3, 2014. In addition, an analyst has
set a price target on Wausau Paper stock at $12.00 per share.
If you own shares of Wausau Paper stock and wish to discuss the
legal ramifications of the investigation, or have any questions,
you may e-mail or call the law office of Brodsky & Smith, LLC
who will, without obligation or cost to you, attempt to answer your
questions. You may contact Jason L. Brodsky, Esquire or Evan J.
Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/988-wpp-wausau-paper-corp.html, or calling
toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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version on businesswire.com: http://www.businesswire.com/news/home/20151016006049/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/988-wpp-wausau-paper-corp.html
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