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Faruqi & Faruqi, LLP Announces Shareholder Investigation Related to the Acquisition of YoCream International, Inc. - YOCM

  //house-home.news-articles.net/content/2010/11/2 .. quisition-of-yocream-international-inc-yocm.html
  Published in House and Home on Wednesday, November 24th 2010 at 13:30 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of YoCream International, Inc. (aYoCreama or the aCompanya) (Pink Sheets: YOCM) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Danone (Euronext:BN.PA). A subsidiary of Danone will merge with YoCream and each share of YoCream common stock will be converted into the right to receive approximately $39.82 per share in cash. The transaction is valued at $103 million.

Request more information now by clicking here: [ www.faruqilaw.com/YOCM ]

Whether the YoCreama™s Board of Directors breached their fiduciary duties to YoCreama™s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues YoCreama™s shares and by how much this proposed transaction undervalues the Company to the detriment of YoCream shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, through all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firma™s clients.

If you own common stock in YoCream and wish to obtain additional information, please visit us at [ www.faruqilaw.com/YOCM ] or contact Juan E. Monteverde, Esq. either via e-mail at [ jmonteverde@faruqilaw.com ] or by telephone at (877) 247-4292 or (212) 983-9330.

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