INVESTOR ALERT: The Law Offices of Vincent Wong Investigates the Board of Directors of Penford Corporation Regarding the Fairness of the Sale of the Company to Ingredion Incorporated - PENX
NEW YORK, Nov. 4, 2014 /PRNewswire/ -- The Law Offices of Vincent Wong are investigating potential claims against the Board of Directors of Penford Corporation (NasdaqGM: PENX) ("Penford") in connection with the sale of the Company to Ingredion Incorporated (NYSE: INGR).
Click here to learn about the case: http://docs.wongesq.com/PENX-Info-Request-Form-445. There is no cost or obligation to you.
Under the terms of the transaction, Penford shareholders will receive $19 in cash for each share of Penford common stock they own. The investigation concerns whether the Board of Penford breached their fiduciary duty to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Ingredion Incorporated is underpaying for Penford shares.
If you own common stock in Penford and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [email protected], by telephone at 212.425.1140, or visit http://docs.wongesq.com/PENX-Info-Request-Form-445.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: [email protected]
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SOURCE The Law Offices of Vincent Wong
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