SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Keurig Green Mountain, Inc. -GMCR
BALA CYNWYD, Pa., Dec. 17, 2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Keurig Green Mountain, Inc. ("Keurig" or "the Company") (Nasdaq- GMCR-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to JAB Holding Company ("JAB").
Click here to learn more about the investigation http://brodsky-smith.com/1013-gmcr-keurig-green-mountain-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Keurig shareholders will receive only $92.00 in cash for each share of Keurig stock they own. The investigation concerns whether the Board of Keurig breached their fiduciary duties to shareholders and whether JAB is underpaying for the Company. The transaction appears to be an attempt take advantage of the Company's depressed share price and would result in a loss for many Keurig shareholders. For example, the offer price is substantially below both the 52 week high of $140.64 and the $157.10 per share price Keurig stock traded at on November 18, 2014. In addition, Keurig management is expected to remain with the Company after the transaction.
If you own shares of Keurig stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/1013-gmcr-keurig-green-mountain-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
SOURCE Brodsky & Smith, LLC
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