The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Alberto-Culver Company in C

Show House and Home Publications

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The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of Alberto-Culver Company in C

//house-home.news-articles.net/content/2010/10/1 .. by-the-board-of-alberto-culver-company-in-c.html

Published in House and Home on Tuesday, October 12th 2010 at 14:10 GMT by Market Wire
^{🞛 This publication is a summary or evaluation of another publication}

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.