Faruqi & Faruqi, LLP Launches An Investigation Against Mobile Mini, Inc. (MINI) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mobile Mini, Inc.
NEW YORK--(BUSINESS WIRE)-- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mobile Mini, Inc. (“Mobile Mini” or the “Company”) (NasdaqGS: MINI) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for an increase in the maximum number of shares that may be issued under the Company’s 2006 Equity Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on June 14, 2013, the Board of Directors recommends that Mobile Mini’s shareholders vote to approve an amendment to increase the maximum aggregate number of shares that may be issued under the Mobile Mini, Inc. 2006 Equity Incentive Plan from 4,200,000 by an additional 2,000,000 shares. The issuance of the additional shares could have a substantial dilutive effect on the shares of Mobile Mini common stock.
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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 Mobile Mini and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MINI 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
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Attn: Juan E. Monteverde, Esq.
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