Faruqi & Faruqi, LLP Announces Investigation of Thomas & Betts Corp.
31 Enero 2012 - 6:00PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Thomas & Betts Corp. (“Thomas & Betts” or the
“Company”) (NYSE: TNB) for potential breaches of fiduciary duties
in connection with their conduct related to the sale of the Company
to ABB Ltd. (NYSE: ABB) in an all-cash deal valued at about $3.9
billion. Under the terms of the proposed transaction, Thomas &
Betts stockholders will receive $72.00 in cash per each share of
Thomas & Betts they own.
Request more information now by clicking here:
www.faruqilaw.com/TNB
Whether Thomas & Betts’ Board of Directors 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 Thomas & Betts’ shares and by how much this
proposed transaction undervalues the Company to the detriment of
Thomas & Betts’ 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 Thomas & Betts and wish to obtain
additional information, please visit us at www.faruqilaw.com/TNB 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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