PRLog (Press Release)– Jun 24, 2011– Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Southern Union Co. ("Southern Union" or the "Company") (NYSE: SUG) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Williams Cos. Inc. (NYSE: WMB) in a deal valued at approximately $4.9 billion. Under the terms of the proposed transaction, Sothern Union's shareholders wil bmw l receive $39 in cash for each share audi they own.
Request more information now by clicking here: www.faruqilaw.com/SUG
Whether Southern Union's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Southern Union's shares and by how much this proposed transaction undervalues the Company to the detriment of Southern Union's shareholders are the key focus of this investigation.
Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved signi chevrolet ficant victories on behalf of the firm's clients.
If you own common stock in Southern Union and wish to obtain additional information, please visit us at www.faruqilaw.com/SUG or contact Juan E. Monteverde, Esq. either via e-mail at jmont aston martin everde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP 369 Lexington Avenue, 10th Floor New York, NY 10017 Attn: Juan E. Monteverde, Esq. jmonteverde@faruqilaw.com Toll Free: (877) 247-4292 Phone: 1086274749 (212) 983-9330
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
SOURCE: Faruqi & Faruqi, LLP
Get automobile news and garbage compactor
0 comments:
Post a Comment