INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Texas Industries Inc. (TXI) Over the Proposed Sale of the...
13 Febrero 2014 - 1:56PM
Business Wire
Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York City, is investigating
the Board of Directors of Texas Industries Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Texas Industries Inc.
(“Texas Industries” or the “Company”) (NYSE: TXI) for potential
breaches of fiduciary duties in connection with their conduct
related to the sale of the Company to Martin Marietta in a stock
deal valued at approximately $2.7 billion. Under the terms of the
proposed transaction, Texas Industries stockholders will receive
0.7 Martin Marietta share for each share of Texas Industries common
stock they own.
Request more information now by clicking here:
www.faruqilaw.com/TXI. There is no cost or
obligation to you.
The investigation focuses on whether Texas Industries 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 and
by how much this proposed transaction undervalues the Company to
the detriment of Texas Industries shareholders.
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. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Texas Industries and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/TXI 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.
Contact:
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Attorney Advertising. (C) 2014 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.
Faruqi & Faruqi, LLPJuan E. Monteverde, Esq.(877) 247-4292
or (212) 983-9330jmonteverde@faruqilaw.com
Texas Industries (NYSE:TXI)
Gráfica de Acción Histórica
De May 2024 a Jun 2024
Texas Industries (NYSE:TXI)
Gráfica de Acción Histórica
De Jun 2023 a Jun 2024