WeissLaw LLP Investigates Westway Group, Inc.

WeissLaw LLP Investigates Westway Group, Inc.

NEW YORK--(BUSINESS WIRE)-- WeissLaw LLP, a national class action and shareholder rights law firm with offices in New York City and Los Angeles, is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Westway Group, Inc. (“Westway” or the “Company”) (NasdaqGS: WWAY) arising from its agreement for Westway to be acquired by EQT Infrastructure II Fund (“EQT”), a private equity group in Northern Europe, in a transaction valued at approximately $419 million. Under the terms of the proposed transaction Westway shareholders will receive $6.70 in cash for each Westway share they own. This price is below the target price set by certain securities analysts.

WeissLaw LLP is investigating whether Westway’s Board acted in the best interests of its public shareholders by actively shopping the Company to maximize shareholder value for Westway’s public shareholders, prior to entering into the proposed transaction with EQT. If you own Westway shares and would like more information about your rights as a shareholder or additional information concerning our investigation, please contact Joshua M. Rubin either by email at info@weisslawllp.com or by telephone at (888) 593-4771.

WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded institutions and individuals and obtained important corporate governance in these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or issuing materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at info@weisslawllp.com or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.

Attorney Advertising. Past results do not guarantee a similar outcome.



WeissLaw LLP
Joshua M. Rubin, Esq.
1500 Broadway, 16th Floor
New York, NY 10036
T: 212.682.3025
F: 212.682.3010
www.weisslawllp.com
info@weisslawllp.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2178477, ~/Articles/ArticleHandler.aspx, 11/28/2014 7:18:14 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!