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TMCNet:  Faruqi & Faruqi, LLP Launches An Investigation Against Lee Enterprises, Incorporated (LEE) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

[January 10, 2014]

Faruqi & Faruqi, LLP Launches An Investigation Against Lee Enterprises, Incorporated (LEE) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

NEW YORK --(Business Wire)--

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 Lee Enterprises, Incorporated ("Lee" or the "Company") (NYSE: LEE) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for the amendment to the Company's Amended and Restated 1996 Stock Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on January 10, 2014, the Board of Directors recommends that Lee's shareholders vote to approve the Amended and Restated 1996 Stock Plan to increase the number of shares available for issuance by 300,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of Lee common stock.

Request more information now by clicking here: www.faruqilaw.com/LEE. 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 (News - Alert) at www.twitter.com/MergerActivity or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw.

If you own common stock in Lee and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/LEE 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.

Attorney Advertising. (C) 2014 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.


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