Faruqi & Faruqi, LLP Announces the Investigation of MicroStrategy Inc. (MSTR) for Potential Breaches of Fiduciary Duties by I...
April 03 2014 - 7:30PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of MicroStrategy Inc.
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 MicroStrategy Inc.
(“MicroStrategy” or the “Company”) (NasdaqGS:MSTR) for potential
breaches of fiduciary duties in connection with their conduct in
seeking shareholders’ approval for the 2013 Stock Incentive
Plan.
Specifically, in the Proxy Statement filed by the Company with
the Securities and Exchange Commission on March 24, 2014, the Board
of Directors recommends that MicroStrategy’s shareholders vote to
approve the MicroStrategy Incorporated 2013 Stock Incentive Plan,
which authorized 600,000 shares of the Company’s class A common
stock. The issuance of the additional shares could have a
substantial dilutive effect on the shares of MicroStrategy common
stock.
Request more information now by clicking here:
www.faruqilaw.com/MSTR. 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
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
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If you own common stock in MicroStrategy and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/MSTR 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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