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The Law Office of Abe Shainberg Launches an Investigation into the Board of YoCream International

By: Donald Cuneo
For : Abe Shainberg
Date Added : December 2, 2010 Views : 7069
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Nov 30, 2010 – The Law Office of Abe Shainberg is investigating the Board of Directors of YoCream International, Inc.  (OTC: YOCM.PK) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Groupe Danone.  Under the terms of the proposed deal, YoCream shareholders will receive $39.82 in cash per share for a total transaction value of approximately $103 million.  

The investigation concerns whether the YoCream Board of Directors breached their fiduciary duties to YoCream stockholders by failing to adequately shop the Company before entering into this transaction and whether Groupe Danone is underpaying for YoCream shares.  

If you own common stock in YoCream and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at as@ashainberglaw.com or by telephone at (212) 425-7286, or visit http://www.ashainberglaw.com/yocream-international.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide.

CONTACT:   


 
Abe Shainberg, Esq.
132 East 43rd Street, Suite 512
New York, NY 10017   
Tel: (212) 425-7286
Fax: (866) 699.3880
Email: as@ashainberglaw.com








Contact           :     ashainberglaw.com
Issued By        :    The Law Office of Abe Shainberg
Categories       :    Business, Finance, Legal
Last Updated    :    Nov 30, 2010



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The Law Office of Abe Shainberg Launches an Investigation into the Board of YoCream International,The Law Office of Abe Shainberg
Phone : (212) 425-7286

Email : as@ashainberglaw.com

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