Rigrodsky & Long, P.A. Announces Investigation Of Overhill Farms, Inc. Buyout
WILMINGTON, Del.--(BUSINESS WIRE)-- Rigrodsky & Long, P.A.:
- Do you own shares of Overhill Farms, Inc. (NYSE: OFI )?
- Did you purchase any of your shares prior to May 15, 2013?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Overhill Farms, Inc. (“Overhill Farms” or the “Company”) (NYSE: OFI) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s receipt of a proposal to be acquired by Bellisio Foods, Inc. (“Bellisio”).
Under the terms of the proposal, public shareholders of Overhill Farms will receive $5.00 per share in cash for each share of Overhill Farms they own.
The investigation concerns the Company’s board of directors’ process for consideration of the proposed transaction, whether Overhill Farms is acting in its shareholders’ best interests and whether the proposed consideration to be paid to Overhill Farms’ shareholders would be fair and adequate.
If you own the common stock of Overhill Farms and purchased your shares before May 15, 2013, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth Rigrodsky or Olga Pettigrew at Rigrodsky & Long, P.A., 825 East Gate Boulevard, Suite 300, Garden City, New York 11530, by telephone at (888) 969-4242; by e-mail to email@example.com, or at: http://rigrodskylong.com/investigations/rigrodsky-long-p-a-announces-investigation-of-overhill-farms-inc-nyse-ofi-buyout/.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.
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