Faruqi & Faruqi, LLP Announces Investigation of Cost Plus, Inc.
21 Mayo 2012 - 11:20AM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Cost Plus, Inc. (“Cost Plus” or the “Company”)
(NASDAQ: CPWM) for potential breaches of fiduciary duties in
connection with their conduct related to the sale of the Company to
Bed Bath and Beyond Inc. (NASDAQ: BBBY) in an all-cash deal valued
at about $494 million. Under the terms of the proposed transaction,
Cost Plus stockholders will receive $22.00 in cash for each share
of Cost Plus common stock they own. The proposed transaction is
structured as a tender offer and may be effectuated without a
shareholder vote.
Request more information now by clicking here:
www.faruqilaw.com/CPWM. There is no cost or obligation to you.
Whether the Board of Directors of Cost Plus breached their
fiduciary duties to the Company’s stockholders by failing to
conduct an adequate and fair sales process prior to agreeing to
this proposed transaction, whether the proposed transaction
undervalues Cost Plus shares and by how much this proposed
transaction undervalues the Company to the detriment of Cost Plus
shareholders are the key focus of this investigation.
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.
If you own common stock in Cost Plus and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/CPWM 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) 2012 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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