The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Volcom, In...

The Law Office of Abe Shainberg is investigating the Board of Directors of Volcom, Inc. (Nasdaq: VLCM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a subsidiary of PPR SA. According to the proposed transaction, Volcom shareholders will receive $24.50 per share for a total transaction of approximately $516 million.

The investigation concerns whether the Volcom Board of Directors breached their fiduciary duties to Volcom stockholders by failing to adequately shop the Company before entering into this transaction and whether PPR SA is underpaying for Volcom shares, thus unlawfully harming Volcom stockholders. According to Yahoo! Finance, at least one analyst placed a price target for Volcom stock at $25 per share.

If you own common stock in Volcom and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [e-mail] or by telephone at [phone], or visit http://www.ashainberglaw.com/volcom-vlcm.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.