SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty Against the Board of Morg...
April 23 2014 - 12:21PM
Levi & Korsinsky notifies investors of Morgan's Foods Inc.
("Morgan's Foods" or the "Company") (OTC:MRFD) 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 Apex Restaurant Management, Inc. A
complaint was filed in Ohio state court.
Click here to learn more about the case
http://zlk.9nl.com/morgans-foods-mrfd, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Morgan's Foods shareholders
will receive $5.00 in cash for each share of Morgan's Foods stock
they own. The claims concern whether the Morgan's Foods Board of
Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Apex Restaurant Management, Inc.
is underpaying for Morgan's Foods shares.
If you own Morgan's Foods 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/morgans-foods-mrfd.
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.
CONTACT: 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