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SSCC Smurfit-Stone Container Corp. Common Stock

41.25
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Smurfit-Stone Container Corp. Common Stock NYSE:SSCC NYSE Ordinary Share
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 41.25 0.00 01:00:00

The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of Smur...

24/01/2011 4:03pm

Business Wire


Smurfit-Stone Container Corp. Common Stock (NYSE:SSCC)
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Levi & Korsinsky is investigating the Board of Directors of Smurfit-Stone Container Corporation (“Smurfit-Stone” or the “Company”) (NYSE: SSCC) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to RockTenn (NYSE: RKT). Under the terms of the transaction, Smurfit-Stone shareholders will receive 0.30605 shares of RockTenn common stock and $17.50 in cash, for an aggregate value of $35 per Smurfit-Stone common stock. The transaction has a total value of approximately $214 million.

Click here to learn how to join the action: http://www.zlk.com/smurfit-stone-sscc.html, or call: 877-363-5972.

The investigation concerns whether the Smurfit-Stone Board of Directors breached their fiduciary duties to Smurfit-Stone stockholders by failing to adequately shop the Company before entering into this transaction and whether RockTenn is underpaying for Smurfit-Stone shares, thus unlawfully harming Smurfit-Stone stockholders.

If you own common stock in Smurfit-Stone and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://www.zlk.com/smurfit-stone-sscc.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

1 Year Smurfit-Stone Container Corp. Common Stock Chart

1 Year Smurfit-Stone Container Corp. Common Stock Chart

1 Month Smurfit-Stone Container Corp. Common Stock Chart

1 Month Smurfit-Stone Container Corp. Common Stock Chart

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