Frozen Food Express Shareholder Alert: Briscoe Law Firm and Powers Taylor Investigate Sale of Frozen
Frozen Food Express Shareholder Alert: Briscoe Law Firm and Powers Taylor Investigate Sale of Frozen Food Express to Duff Brothers
DALLAS--(BUSINESS WIRE)-- Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of Frozen Food Express Industries ("Frozen Food") (NasdaqGS: FFEX) to Duff Brothers Capital Corporation for shareholders. Under the terms of the merger agreement, valued at approximately $38.2 million, Frozen Food shareholders will receive only $2.10 in cash per share owned, well below the 52-week high of $2.50.
If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607 or via email at firstname.lastname@example.org. There is no cost or fee to you.
The Frozen Food sale investigation centers on whether Frozen Food's shareholders are receiving adequate compensation for their shares in the proposed deal, whether the transaction undervalues Frozen Food's stock, and whether Frozen Food's board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.
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