Rosen Law Firm Announces Investigation of Feihe International In Connection With Going Private Proposal from its CEO – ADY
03 Octubre 2012 - 3:32PM
Business Wire
The Rosen Law Firm, P.A. is investigating the Board of Directors
of Feihe International, Inc. (NYSE: ADY) for possible breaches of
fiduciary duty and other violations of state law in connection with
a going private proposal from its Chairman and Chief Executive
Officer.
If you would like to join the action please email or call
Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at
pkim@rosenlegal.com or kchan@rosenlegal.com. There is no cost or
obligation to you.
Under the terms of the proposal, Fiehe’s Chairman and CEO,
You-Bin Leng, shareholders will receive $7.40 for each share of
Feihe International stock they own. The investigation relates to
whether the proposal for $7.40/share is fair to public shareholders
and whether Feihe’s Board fiduciary duties in connection with the
offer.
If you own Feihe International common stock and wish to obtain
additional information, you may contact Phillip Kim or Kevin Chan
of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at
pkim@rosenlegal.com or kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
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