BALA CYNWYD, Pa., Jan. 30, 2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of MeadWestvaco Corp. ("MeadWestvaco" or "the Company") (NYSE-MWV-News) for possible breaches of fiduciary duty and other violations of state law in connection with the merger of the Company with Rock-Tenn Company ("Rock-Tenn").
Click here to learn more about the investigation http://brodsky-smith.com/883-mwv-meadwestvaco-corp.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, MeadWestvaco shareholders will only receive and 0.78 shares of the combined company for each share of MeadWestvaco stock they own. Following the transaction MeadWestvaco shareholders will only own 50.1% of the combined company. The investigation concerns whether the Board of MeadWestvaco breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction and if the exchange ratio undervalues MeadWestvaco. The transaction may undervalue MeadWestvaco given the Company's recently announced strong financial results. In addition, the Company could have responded to reported demands to monetize real estate assets in Brazil and South Carolina and take steps to realize value from its overfunded pension plan.
If you own shares of MeadWestvaco common stock and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by e-mail at [email protected], by visiting http://brodsky-smith.com/883-mwv-meadwestvaco-corp.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
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