Bernstein Liebhard LLP Announces Investigation Of Acquisition By Louis Dreyfus Commodities LLC

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  Published in House and Home on Tuesday, May 1st 2012 at 7:54 GMT by Market Wire
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Imperial Sugar Company Shareholder Alert: Bernstein Liebhard LLP Announces Investigation Of Acquisition... -- NEW YORK, May 1, 2012 /PRNewswire/ --

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NEW YORK, May 1, 2012 /PRNewswire/ -- [ Bernstein Liebhard LLP ] is investigating whether the Board of Directors of Imperial Sugar Company ("Imperial Sugar" or the "Company") (NASDAQ: [ IPSU ]) breached its fiduciary duty to its shareholders in agreeing to sell Imperial Sugar to Louis Dreyfus Commodities LLC.

(Logo: [ http://photos.prnewswire.com/prnh/20120202/MM47134LOGO ] )

Under the terms of the agreement, Louis Dreyfus Commodities LLC will acquire Imperial Sugar through a cash tender offer and second step merger at $6.35 per share.  The investigation is focused on the potential unfairness of the price to Imperial Sugar shareholders and the process by which the Imperial Sugar Board of Directors considered and approved the transaction.

If you are interested in discussing your rights as an Imperial Sugar stockholder, with no obligation or cost to you, please contact U. Seth Ottensoser at:

(877) 779-1414
or
[ Ottensoser@bernlieb.com ].

[ Bernstein Liebhard ] has pursued hundreds of securities, [ consumer ] and shareholder rights cases and recovered over $3 billion for its clients.  It has been named to The National Law Journal's "Plaintiffs' Hot List" in each of the last nine years.

Bernstein Liebhard LLP
10 East 40th Street
New York, New York 10016
(877) 779-1414
[ www.bernlieb.com ]

ATTORNEY ADVERTISING. © 2012 Bernstein Liebhard LLP.  The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414.  The lawyer responsible for this advertisement in the State of Connecticut is Michael S. Bigin.  Prior results do not guarantee or predict a similar outcome with respect to any future matter.

SOURCE Bernstein Liebhard LLP

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