The Law Firm of Weiss & Lurie Announces Investigation of Nalco Holding Company
July 21 2011 - 7:25PM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of Nalco Holding
Company (NYSE: NLC) arising from its proposed acquisition by Ecolab
Inc. (NYSE: ECL) in a cash and stock transaction valued at
approximately $5.4 billion. Under the terms of the transaction,
Nalco shareholders may elect to receive either 0.7005 share of
Ecolab common stock or $38.80 in cash for each Nalco share.
Weiss & Lurie is investigating whether the Company’s Board
acted in the best interests of shareholders in approving the
transaction and whether the Board properly sought to maximize
shareholder value.
If you own Nalco shares and would like more information about
your rights as a shareholder or additional information concerning
our investigation, please contact Michael A. Rogovin either by
email at info@weisslurie.com or by telephone at (888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class
and derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for defrauded
institutions and individuals and obtained important corporate
governance in these cases. If you have information or would like
legal advice concerning possible corporate wrongdoing (such as
insider trading, waste of corporate assets, accounting fraud, or
issuing materially misleading press releases or SEC filings),
consumer fraud (such as false advertising, defective products, or
other deceptive business practices), or anti-trust violations,
please email us at info@weisslurie.com or fill out the form on our
website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
Ecolab (NYSE:ECL)
Historical Stock Chart
From May 2024 to Jun 2024
Ecolab (NYSE:ECL)
Historical Stock Chart
From Jun 2023 to Jun 2024