MILWAUKEE, Jan. 6, 2020
/PRNewswire/ -- Ademi & O'Reilly, LLP is investigating The
Habit Restaurants Inc. (Nasdaq: HABT) for possible breaches of
fiduciary duty and other violations of the law in connection with
the sale of The Habit Restaurants to Yum! Brands.
Click here to learn how to join the action:
http://ademilaw.com/case/habit-restaurants-inc or call Guri Ademi toll-free at 866-264-3995.
There is no cost or obligation to you.
Ademi & O'Reilly, LLP alleges The Habit Restaurants'
financial outlook is improving and yet shareholders will receive
only $14 in cash per share of The
Habit Restaurants. The merger agreement unreasonably limits
competing bids for The Habit Restaurants by prohibiting
solicitation of further bids, and imposing a termination penalty if
The Habit Restaurants accepts a superior bid. The Habit Restaurants
insiders will receive millions of dollars as part of change of
control arrangements. We are investigating the conduct of The Habit
Restaurants' board of directors, and whether they are (i)
fulfilling their fiduciary duties to all shareholders, and (ii)
obtaining a fair and reasonable price for The Habit
Restaurants.
If you own common stock in The Habit Restaurants and wish to
obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or
toll-free: 866-264-3995, or
http://ademilaw.com/case/habit-restaurants-inc.
We specialize in shareholder litigation involving buyouts,
mergers, and individual shareholder rights throughout the country.
For more information, please feel free to call us. Attorney
advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi & O'Reilly, LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi & O'Reilly, LLP