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TMCNet:  Pinnacle Foods Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Hillshire Brands Co.

[May 12, 2014]

Pinnacle Foods Shareholder Alert: Former SEC Attorney Willie Briscoe and Powers Taylor LLP Investigate Acquisition by Hillshire Brands Co.

DALLAS --(Business Wire)--

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor LLP are investigating potential claims against the Board of Directors of Pinnacle Foods, Inc. ("Pinnacle") (NYSE: PF) related to the sale to Hillshire Brands Co for shareholders. Under the terms of the transaction, valued at approximately $6.6 billion, including debt, Pinnacle shareholders will only receive $18 in cash and a half share of HillshireBrands Co.'s stock. The total consideration gives a $36.02 valuation on Pinnacle stock.


If you are an affected investor, and you want to learn more about the lawsuit or join the action, contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com, or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via e-mail at shareholder@powerstaylor.com. There is no cost or fee to you.

The Pinnacle investigation centers on whether Pinnacle's Board of Directors is acting in the shareholders' best interests, whether the board is properly considering the proposed price for the shareholders, and whether the board has employed an adequate process to review and act on the proposed transaction.

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.


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