DALLAS, May 30, 2013 /PRNewswire/ -- Securities lawyers at Deans & Lyons announced an investigation against the board of Stewart Enterprises, Inc. (NASDAQ: STEI) due to potential violations of shareholder protection laws in an all cash acquisition by Service Corporation International. STEI investors are encouraged to contact attorney Hamilton Lindley at 877-819-8033 or [email protected] about their rights and remedies.
STEI stockholders will receive $13.25 in cash for each share of their STEI common stock upon the acquisition by Service Corporation International, a total enterprise value of approximately $1.4 billion. The potential shareholder action seeks to obtain more value for STEI stockholders through the disclosure of important information and ensuring the highest price reasonably available is obtained.
The securities lawyers of Deans & Lyons have significant experience representing investors nationwide in representative actions involving securities at no cost to its clients. Stockholders with concerns about this STEI stock or anyone with information about this acquisition should contact Hamilton Lindley at [email protected]slyons.com or 877-819-8033.
SOURCE Deans & Lyons LLP