Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Smurfit-Stone Container Corp. (“Smurfit” or the “Company”) (NYSE: SSCC) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Rock-Tenn Company (“Rock-Tenn”) (NYSE: RKT) for an estimated $3.5 billion in cash and stock. The proposed 50% cash and 50% stock transaction offers Smurfit shareholders to only receive $17.50 in cash plus 0.30605 share of Rock-Tenn for each share of Smurfit, an aggregate value of approximately $35 per share of Smurfit common stock.

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Whether the Smurfit’s Board of Directors breached their fiduciary duties to Smurfit’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Smurfit’s shares and by how much this proposed transaction undervalues the Company to the detriment of Smurfit 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, through 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 Smurfit and wish to obtain additional information, please visit us at www.faruqilaw.com/SSCC 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.

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