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The Law Office of Robbins Umeda LLP Announces an Investigation of the Acquisition of Smurfit-Stone Container Corporation by Roc

  //house-home.news-articles.net/content/2011/01/2 .. -smurfit-stone-container-corporation-by-roc.html
  Published in House and Home on Monday, January 24th 2011 at 12:50 GMT by Market Wire
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SAN DIEGO--([ BUSINESS WIRE ])--[ Robbins Umeda LLP ] has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by members of the board of directors of Smurfit-Stone Container Corporation (NYSE: SSCC) in connection with their efforts to sell the company to Rock-Tenn Company (NYSE: RKT). If the transaction is completed, Smurfit-Stone shareholders will receive $17.50 in cash and 0.30605 shares of Rock-Tenn for each share of Smurfit-Stone common stock they hold. The transaction is expected to close in the second quarter of 2011.

Robbins Umeda LLP's investigation concerns whether the Smurfit-Stone board undertook a fair process to obtain fair consideration for its shareholders. Specifically, the investigation concerns whether members of the Smurfit-Stone board breached their fiduciary duties to its shareholders by failing to adequately shop the company before entering into the transaction with Rock-Tenn.

If you are a shareholder of Smurfit-Stone, plan to continue to hold your shares, and would like more information about your rights as a shareholder, please contact attorney Gregory E. Del Gaizo at 800-350-6003 or by e-mail at [ info@robbinsumeda.com ].

Robbins Umeda LLP represents individual and institutional shareholders in derivative, direct, and class action lawsuits. The law firm's skilled litigation teams include former federal prosecutors, former defense counsel from top multinational corporate law firms, and career shareholder rights lawyers. Robbins Umeda LLP has helped its clients realize more than $1 billion of value for themselves and the companies in which they have invested. For more information, please go to [ http://www.robbinsumeda.com ].

Attorney Advertising. Past results do not guarantee a similar outcome. We invite you to [ contact us ] today to discuss your case.