Harwood Feffer LLP Announces Investigation of Roundy's, Inc.

11 Nov, 2015, 15:03 ET from Harwood Feffer LLP

NEW YORK, Nov. 11, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Roundy's, Inc. ("Roundy's" or the "Company") (NYSE: RNDY) concerning the proposed acquisition of the Company by Kroger Co. ("Kroger").

Under the terms of the offer, Kroger would acquire Roundy's in a transaction valued at approximately $800 million.  Pursuant to the deal, Roundy's stockholders would receive $3.60 in cash per share.  According to Yahoo Finance, at least one analyst has set a target price of $5 per share for Roundy's stock. 

Our investigation concerns whether the Roundy's board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Roundy's shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Benjamin I Sachs-Michaels, Esq. Robert I. Harwood, Esq. Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212)935-7400 Email: bsachsmichaels@hfesq.com  Website: http://www.hfesq.com  Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP



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