House & Home
House and Home
House and Home
Tue, October 12, 2010
The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Alberto-Culver Company in C
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is investigating the Board of Directors of Alberto-Culver Company (NYSE: ACV) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Unilever PLC (NYSE: UL). Under the terms of the transaction, Alberto-Culver shareholders will receive $37.50 in cash for each share of Alberto-Culver common stock they own for a total transaction value of approximately $3.7 billion.
The investigation concerns whether the Alberto-Culver Board of Directors breached their fiduciary duties to Alberto-Culver stockholders by failing to adequately shop the Company before entering into this transaction and whether Unilever is underpaying for Alberto-Culver shares, thus unlawfully harming Alberto-Culver stockholders.
If you own common stock in Alberto-Culver and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at [ jk@jkleinlawfirm.com ], by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit [ http://www.jkleinlawfirm.com/albertoculver-acv.html ].
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.
