NEW YORK, Aug. 3, 2017 /PRNewswire/ -- Juan Monteverde, founder and managing partner at Monteverde & Associates PC, a boutique securities firm headquartered at the Empire State Building in New York City, is investigating Staples, Inc. ("Staples" or the "Company") (NasdaqGS: SPLS) relating to the sale of the Company to affiliates of Sycamore Partners. As a result of the merger Staples shareholders are only anticipated to receive $10.25 in cash for each share of Staples.

Monteverde & Associates PC Logo

Click here for more information: http://monteverdelaw.com/investigations/m-a/.  It is free and there is no cost or obligation to you.

The investigation focuses on whether Staples and its Board of Directors violated securities laws and/or breached their fiduciary duties to the Company's by 1) failing to conduct a fair process 2) whether and by how much this proposed transaction undervalues the Company by and 3) failing to disclose all material financial information in connection with the shareholder meeting on September 6, 2017.

Monteverde & Associates PC is a boutique class action securities and consumer litigation law firm that has recovered millions of dollars and is committed to protecting shareholders and consumers from corporate wrongdoing.  Monteverde & Associates lawyers have significant experience litigating Mergers & Acquisitions and Securities Class Actions, whereby they protect investors by recovering money and remedying corporate misconduct.

If you own common stock in Staples and wish to obtain additional information and protect your investments free of charge, please visit our website or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

Contact:
Juan E. Monteverde, Esq.
MONTEVERDE & ASSOCIATES PC
The Empire State Building
350 Fifth Ave. Suite 4405
New York, NY 10118
United States of America
jmonteverde@monteverdelaw.com 
Tel: (212) 971-1341

Attorney Advertising. (C) 2017 Monteverde & Associates PC.  The law firm responsible for this advertisement is Monteverde & Associates PC (www.monteverdelaw.com).  Prior results do not guarantee a similar outcome with respect to any future matter.

 

View original content with multimedia:http://www.prnewswire.com/news-releases/shareholder-alert-monteverde--associates-pc-announces-an-investigation-of-staples-inc---spls-300499521.html

SOURCE Monteverde & Associates PC

Copyright 2017 PR Newswire

Staples, Inc. (NASDAQ:SPLS)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Staples, Inc. Charts.
Staples, Inc. (NASDAQ:SPLS)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Staples, Inc. Charts.