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TMCNet:  SHAREHOLDER ALERT: Brower Piven Announces the Investigation of Morgan's Foods, Inc. over the Proposed Sale of the Company to Apex Restaurant Management, Inc.

[April 15, 2014]

SHAREHOLDER ALERT: Brower Piven Announces the Investigation of Morgan's Foods, Inc. over the Proposed Sale of the Company to Apex Restaurant Management, Inc.

STEVENSON, Md. --(Business Wire)--

The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of Morgan's Foods, Inc. ("Morgan's Food" or the "Company") (Other OTC: MRFD) and other violations of state law by the board of directors of Morgan's Foods relating to the proposed buyout of the Company by Apex (News - Alert) Restaurant Management, Inc. ("Apex").

Under the terms of the transaction, Morgan's Foods shareholders will receive $5.00 in cash for each share of Morgan's Foods stock they own. The firm's investigation seeks to determine, amog other things, whether the Company's board of directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into this transaction, and whether Apex is underpaying for Morgan's Foods shares.


If you currently own common stock of Morgan's Foods and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, click here: http://www.browerpiven.com/currentinvestigations.html.

You may also request more information by contacting Brower Piven either by email at hoffman@browerpiven.com or by telephone at (410) 415-6616. Attorneys at Brower Piven together have more than a century of experience litigating securities and other class action cases.


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