NEW YORK, Oct. 31, 2012 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of S&W Seed Company ("S&W Seed" or the "Company") (NasdaqCM: SANW) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval of an amendment to the Company's Equity Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on October 29, 2012, the Board of Directors recommends that S&W's shareholders vote to approve an amendment to the Company's Equity Incentive Plan to increase the number of shares available for issuance thereunder from 750,000 to 2,250,000. The issuance of the additional shares could have a substantial dilutive effect on the shares of S&W Seed 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 S&W Seed and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/SANW 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.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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