Goldfarb Branham LLP Investigating Shareholder Claims due to Hewitt Buyout
July 12 2010 - 2:07PM
Business Wire
Goldfarb Branham LLP is investigating Hewitt Associates’ Board
of Directors (NYSE: HEW) due to the recent merger they approved
with Aon Corp. The investigation concerns potential breaches of
fiduciary duty because of the price and process agreed to by the
board. Hewitt shareholders are encouraged to contact attorney
Hamilton Lindley at 877-583-2855 or by email
hlindley@goldfarbbranham.com for details about their rights.
“Hewitt shareholders will receive $25.61 in cash and 0.64 Aon
shares for each share of Hewitt they own,” stated shareholder
lawyer Hamilton Lindley. “This transaction may be unfair because
Aon shares were down nearly 7 percent in early morning trading the
day of the announcement. Additionally, there are some red flags
raised because Hewitt Chairman and CEO Russ Fradin secured a job
for himself leading the new company.”
If you own Hewitt stock and you wish to discuss this matter with
an experienced shareholder attorney, please contact Hamilton
Lindley at 877-583-2855 or by email at
hlindley@goldfarbbranham.com. Goldfarb Branham LLP lawyers have
excellent experience representing shareholders in over 100 buyout
cases nationwide. The firm provides nimble, creative and effective
counsel at all stages of litigation.
Hewitt Assoc A (NYSE:HEW)
Historical Stock Chart
From Aug 2024 to Sep 2024
Hewitt Assoc A (NYSE:HEW)
Historical Stock Chart
From Sep 2023 to Sep 2024