Faruqi & Faruqi, LLP Launches An Investigation Against Hardinge Inc. (HDNG) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Hardinge Inc.

News provided by

Faruqi & Faruqi, LLP

Apr 11, 2014, 06:45 ET

NEW YORK, April 11, 2014 /PRNewswire/ -- 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 Hardinge Inc. ("Hardinge" or the "Company") (NasdaqGS: HDNG) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval of the 2011 Incentive Stock Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on March 28, 2014, the Board of Directors recommends that Hardinge's shareholders vote to approve the 2011 Incentive Stock Plan to increase the number of shares of the common stock by 750,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of Hardinge common stock.

Request more information now by clicking here: www.faruqilaw.com/HDNG. There is no cost or obligation to you.

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 Hardinge and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/HDNG or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
[email protected]
Toll Free: (877) 247-4292
Phone: (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.

Logo - http://photos.prnewswire.com/prnh/20120119/MM38856LOGO

SOURCE Faruqi & Faruqi, LLP