|
| [February 14, 2013] |
 |
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of H.J. Heinz Company in Connection with the Sale of the Company to a Consortium
NEW YORK --(Business Wire)--
Levi & Korsinsky is investigating the Board of Directors of H.J. Heinz
Company ("Heinz" or the "Company") (NYSE: HNZ) for possible breaches of
fiduciary duty and other violations of state law in connection with the
sale of the Company to a consortium comprised of Berkshire Hathaway
(NYSE: BRK.A, BRK.B) and 3G Capital.
Click here to learn how to join the action: http://zlk.9nl.com/hj-heinz-hnz/,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Heinz shareholders will receive
$72.50 for each share of Heiz stock they own. The investigation
concerns whether the Heinz Board of Directors breached their fiduciary
duties to stockholders by failing to adequately shop the Company before
entering into this transaction and whether Berkshire Hathaway and 3G are
underpaying for Heinz shares, thus unlawfully harming Heinz stockholders.
If you own common stock in Heinz and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/hj-heinz-hnz/.
Levi & Korsinsky is a national firm with offices in New York, New
Jersey, and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud,
representing investors throughout the nation in securities and
shareholder lawsuits. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as lead
counsel on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf of
investors. For more information, please feel free to contact any of the
attorneys listed below. Attorney advertising. Prior results do not
guarantee similar outcomes.

[ Back To Technology News's Homepage ]
|