Faruqi & Faruqi, LLP Launches An Investigation Against Matthews International Corporation (MATW) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
NEW YORK--(BUSINESS WIRE)-- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Matthews International Corporation ("Matthews International" or the "Company") (NasdaqGS: MATW) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for the adoption of the 2012 Equity Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on January 22, 2013, the Board of Directors recommends that Matthews International's shareholders vote to approve the adoption of the 2012 Equity Incentive Plan. The Board of Directors also recommends that shareholders approve compensation for the Company's named executive officers.
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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, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients.
If you own common stock in Matthews International and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MATW or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.
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Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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The article Faruqi & Faruqi, LLP Launches An Investigation Against Matthews International Corporation (MATW) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors originally appeared on Fool.com.