TheGrantLawFirm, PLLC Investigates Potential Breaches of Fiduciary Duty Related to Keurig Green Mountain Going Private Transa...
December 07 2015 - 10:19AM
Business Wire
TheGrantLawFirm, PLLC is investigating a potential action on
behalf of the shareholders of Keurig Green Mountain, Inc. (Nasdaq:
GMCR)(“Keurig” or the “Company”) against its directors, for
possible breaches of fiduciary duty relating to the proposed going
private buy-out of the Company by JAB Holding Company (“JAB”) at
$92.00 per share.
The investigation concerns: (1) whether the price, which is
significantly less than Keurig’s trading price earlier this year,
is fair; (2) whether the senior management of Keurig, who will be
staying on in a management-led capacity, breached their fiduciary
duties by not engaging in a full and fair auction; and (3) whether
management engaged in the sale for their own personal
self-interests at shareholders expense. The stock price of Keurig
reached as high as $149 per share this past year. The investigation
will also include whether any proxy to be used in soliciting Kraft
shareholders vote on the transaction is false and misleading.
If you are a current holder of Keurig shares, would like to
discuss this investigation and/or are interested in helping the
Company recover its damages, please contact Lynda J. Grant at
212-292-4441/lgrant@grantfirm.com. Lynda J. Grant has been
representing wronged investors and consumers for over 30 years, and
was recently selected as a New York Metro Superlawyer.
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version on businesswire.com: http://www.businesswire.com/news/home/20151207005920/en/
TheGrantLawFirm, PLLCLynda J. Grant,
212-292-4441lgrant@grantfirm.com
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