Faruqi & Faruqi, LLP Launches an Investigation against PulteGroup, Inc. (PHM) for Potential Breaches of Fiduciary Duties by I...
April 05 2013 - 7:00PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of PulteGroup, Inc. (“PulteGroup” or the “Company”)
(NYSE: PHM) (NYSE: PHA) for potential breaches of fiduciary duties
in connection with their conduct in seeking shareholders’ approval
for a Senior Management Incentive Plan and Stock Incentive
Plan.
Specifically, in the Proxy Statement filed by the Company with
the Securities and Exchange Commission on April 3, 2013, the Board
of Directors recommends that PulteGroup’s shareholders vote to
approve the 2013 Senior Management Incentive Plan and the 2013
Stock Incentive Plan. The 2013 Stock Incentive Plan would make
20,000,000 shares available for awards. The issuance of the
additional shares could have a substantial dilutive effect on the
shares of PulteGroup common stock.
Request more information now by clicking here:
www.faruqilaw.com/PHM. 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.
If you own common stock in PulteGroup and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/PHM 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.
Attorney Advertising. (C) 2013 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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