KRISPY KREME SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Krispy Kreme Doughnuts, Inc. (KKD) Over ...
May 17 2016 - 11:16AM
Business Wire
Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York City, is investigating
the Board of Directors of Krispy Kreme Doughnuts, 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 Krispy Kreme Doughnuts,
Inc. (“Krispy Kreme” or the “Company”) (NYSE:KKD) for potential
breaches of fiduciary duties in connection with the sale of the
Company to JAB Beech Inc. for approximately $1.35 billion.
The Company’s stockholders will only receive $21.00 in cash for
each share of Company common stock they own.
Click here for more information:
www.faruqilaw.com/KKD. There is no cost or
obligation to you.
The investigation focuses on whether Company’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Company’s 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 Company and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/KKD or contact Juan Monteverde, Esq.
either via e-mail at jmonteverde@faruqilaw.com or by telephone at
(877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 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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Faruqi & Faruqi, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comTelephone:
877-247-4292 or 212-983-9330
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