The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary
The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of SeaCube Container Leasing Ltd. in Connection with the Sale of the Company to Ontario Teachers' Pension Plan
NEW YORK--(BUSINESS WIRE)-- Levi & Korsinsky is investigating the Board of Directors of SeaCube Container Leasing Ltd. ("SeaCube" or the "Company") (NYS: BOX) for possible breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to Ontario Teachers' Pension Plan.
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Under the terms of the transaction, SeaCube shareholders will receive $23.00 for each share of SeaCube stock they own. The transaction has total approximate value of $467 million. The investigation concerns whether the SeaCube Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before entering into this transaction and whether Ontario Teachers' Pension Plan is underpaying for SeaCube shares, thus unlawfully harming SeaCube stockholders. In particular, at least one analyst set a price target for SeaCube stock at $24 per share.
If you own common stock in SeaCube and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or http://zlk.9nl.com/seacube-container-leasing-box/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
(212) 363-7500, toll-free: (877) 363-5972
KEYWORDS: United States North America New York
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