PURE CYCLE SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Launches An Investigation Against Pure Cycle Corp. (PCYO) For Potential Br...
December 10 2013 - 12:26PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Pure Cycle Corporation
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 Pure Cycle Corporation
(“Pure Cycle” or the “Company”) (NasdaqCM:PCYO) for potential
breaches of fiduciary duties in connection with their conduct in
seeking shareholders’ approval for the Pure Cycle Corporation 2014
Equity Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with
the Securities and Exchange Commission on December 6, 2013, the
Board of Directors recommends that Pure Cycle’s shareholders vote
to approve the 2014 Equity Incentive Plan to issue 1,600,000 shares
of the Company’s common stock. The issuance of the additional
shares could have a substantial dilutive effect on the shares of
Pure Cycle common stock.
Request more information now by clicking here:
www.faruqilaw.com/ PCYO. 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
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Pure Cycle Corporation and wish to
obtain additional information and protect your investments free of
charge, please visit us at www.faruqilaw.com/ PCYO 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.
Contact:
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Attorney Advertising. (C) 2013 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, LLPJuan E. Monteverde, Esq.(877) 247-4292
or (212) 983-9330jmonteverde@faruqilaw.com
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