Rosen Law Firm Announces Investigation of China Shengda Packaging Group Inc. In Connection With the Going Private Proposal from its Chairman - CPGI
NEW YORK--(BUSINESS WIRE)-- The Rosen Law Firm is investigating the Board of Directors of China Shengda Packaging Group Inc. (NAS: CPGI) for possible breaches of fiduciary duty and other violations of state law in connection with a going private proposal from its Chairman.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at email@example.com or firstname.lastname@example.org. There is no cost or obligation to you.
Under the terms proposed by CPGI's Chairman Mr. Nengbin Fang, he will pay shareholders $1.40 for each share of China Shengda Packaging stock they own. The investigation relates to whether the proposal for $1.40/share is fair to public shareholders and whether China Shengda Packaging's Board breached its fiduciary duties in connection with the offer.
If you own China Shengda Packaging common stock and wish to obtain additional information, you may contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at email@example.com or firstname.lastname@example.org.
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
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The Rosen Law Firm P.A.
Phillip Kim, Esq.
Laurence Rosen, Esq.
275 Madison Avenue 34th Floor
New York, New York 10016
Tel: (212) 686-1060
Weekends Tel: (917) 562-8616
Toll Free: 1-866-767-3653
Fax: (212) 202-3827
KEYWORDS: United States North America New York
The article Rosen Law Firm Announces Investigation of China Shengda Packaging Group Inc. In Connection With the Going Private Proposal from its Chairman - CPGI originally appeared on Fool.com.
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