The Rosen Law Firm, P.A. is investigating the Board of Directors of Peet’s Coffee & Tea, Inc. (NASDAQ:PEET) (“Peet’s” or the “Company”) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Joh. A. Benckiser.

If you would like to join the action please email or call Phillip Kim, Esq. or Laurence Rosen, Esq., toll-free, at 866-767-3653; or email at pkim@rosenlegal.com or lrosen@rosenlegal.com. There is no cost or obligation to you.

Under the terms of the transaction, shareholders will receive $73.50 per share for each share of Peet’s stock they own. The transaction has a total value of approximately $1 billion. The investigation relates to whether Peet’s Board breached its fiduciary duties by failing to adequately shop the Company before entering into this transaction and whether Joh. A. Benckiser is underpaying for Peet’s shares; consequently unlawfully harming Peet’s shareholders. Indeed, numerous analysts have set price targets for Peet’s stock above $73.50.

If you own common stock in Peet’s stock and wish to obtain additional information, you may also contact Phillip Kim, Esq. or Laurence Rosen, Esq. of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or lrosen@rosenlegal.com.

The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.

Attorney Advertising. Prior results do not guarantee a similar outcome.

-------------------------------

Contact Information:

Phillip Kim, Esq.Laurence Rosen, Esq.The Rosen Law Firm P.A.275 Madison Avenue 34th FloorNew York, New York 10016Tel: (212) 686-1060Weekends Tel: (917) 797-4425Toll Free: 1-866-767-3653Fax: (212) 202-3827pkim@rosenlegal.comlrosen@rosenlegal.comwww.rosenlegal.com

Peets Coffee & Tea, Inc. (MM) (NASDAQ:PEET)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Peets Coffee & Tea, Inc. (MM) Charts.
Peets Coffee & Tea, Inc. (MM) (NASDAQ:PEET)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Peets Coffee & Tea, Inc. (MM) Charts.