NEW YORK, Nov. 8, 2018 /PRNewswire/ -- Moore Kuehn,
PLLC is investigating potential claims for breach of fiduciary duty
involving the directors and officers of Sonic Corp. (NASDAQ:
SONC). On September 25, 2018,
Sonic announced a proposed acquisition of the company by Inspired
Brands. Under the terms of the acquisition agreement, Sonic
shareholders will receive $43.50 in
cash for every share of Sonic they own.
Moore Kuehn is investigating whether Sonic's Board 1) acted to
maximize shareholder value, 2) failed to disclose material
information, and 3) conducted a fair process.
Moore Kuehn encourages shareholders of Sonic to contact
Justin Kuehn, Esq. by email at
jkuehn@moorekuehn.com or telephone at (212) 709-8245. There
is no cost or obligation to you.
Moore Kuehn is a New York-based
law firm with attorneys representing investors and consumers in
class action litigation involving securities law violations,
financial fraud, breaches of fiduciary duties, and other
claims. For additional information about Moore Kuehn, please
go to www.moorekuehn.com. Attorney advertising. Prior results
do not guarantee similar outcomes.
Contacts:
Moore Kuehn, PLLC
Justin Kuehn, Esq.
30 Wall Street, 8th Floor
New York, New York 10005
jkuehn@moorekuehn.com
(212) 709-8245
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SOURCE Moore Kuehn, PLLC