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GMCR (MM)

91.67
0.00 (0.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:GMCR NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 91.67 0 01:00:00

TheGrantLawFirm, PLLC Investigates Potential Breaches of Fiduciary Duty Related to Keurig Green Mountain Going Private Transa...

07/12/2015 3:19pm

Business Wire


Keurig Green Mountain, Inc. (NASDAQ:GMCR)
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From Jun 2019 to Jun 2024

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TheGrantLawFirm, PLLC is investigating a potential action on behalf of the shareholders of Keurig Green Mountain, Inc. (Nasdaq: GMCR)(“Keurig” or the “Company”) against its directors, for possible breaches of fiduciary duty relating to the proposed going private buy-out of the Company by JAB Holding Company (“JAB”) at $92.00 per share.

The investigation concerns: (1) whether the price, which is significantly less than Keurig’s trading price earlier this year, is fair; (2) whether the senior management of Keurig, who will be staying on in a management-led capacity, breached their fiduciary duties by not engaging in a full and fair auction; and (3) whether management engaged in the sale for their own personal self-interests at shareholders expense. The stock price of Keurig reached as high as $149 per share this past year. The investigation will also include whether any proxy to be used in soliciting Kraft shareholders vote on the transaction is false and misleading.

If you are a current holder of Keurig shares, would like to discuss this investigation and/or are interested in helping the Company recover its damages, please contact Lynda J. Grant at 212-292-4441/lgrant@grantfirm.com. Lynda J. Grant has been representing wronged investors and consumers for over 30 years, and was recently selected as a New York Metro Superlawyer.

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TheGrantLawFirm, PLLCLynda J. Grant, 212-292-4441lgrant@grantfirm.com

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