Faruqi & Faruqi, LLP Launches An Investigation Against Lee Enterprises, Incorporated (LEE) For Potential Breaches Of Fiduciar...
January 10 2014 - 5:32PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Lee Enterprises, Incorporated
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Lee Enterprises,
Incorporated (“Lee” or the “Company”) (NYSE: LEE) for potential
breaches of fiduciary duties in connection with their conduct in
seeking shareholders’ approval for the amendment to the Company’s
Amended and Restated 1996 Stock Plan.
Specifically, in the Proxy Statement filed by the Company with
the Securities and Exchange Commission on January 10, 2014, the
Board of Directors recommends that Lee’s shareholders vote to
approve the Amended and Restated 1996 Stock Plan to increase the
number of shares available for issuance by 300,000. The issuance of
the additional shares could have a substantial dilutive effect on
the shares of Lee common stock.
Request more information now by clicking here:
www.faruqilaw.com/LEE. There is no cost or obligation to
you.
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, throughout all phases of litigation. The firm has an
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If you own common stock in Lee and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/LEE or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2014 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.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
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