Faruqi & Faruqi, LLP Announces Shareholder Investigation Related To The Acquisition Of Lubrizol Corp. - LZ
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Lubrizol Corp. (“Lubrizol” or the “Company”) (NYSE: LZ) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Berkshire Hathaway Inc. (NYSE: BRK.B) for approximately $9.7 billion, including about $700 million in net debt. The proposed transaction only offers Lubrizol shareholders $135 in cash for each Lubrizol share they hold. According to Yahoo! Finance, at least one financial analyst values Lubrizol’s common stock at $148.
Request more information now by clicking here: www.faruqilaw.com/LZ
Whether the Lubrizol’s Board of Directors breached their fiduciary duties to Lubrizol’s stockholders by failing to conduct an adequate and fair sales process to sell the Company prior to agreeing to this proposed transaction, whether the proposed transaction undervalues Lubrizol’s shares and by how much this proposed transaction undervalues the Company to the detriment of Lubrizol shareholders are the key focus of this investigation.
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, through 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 Lubrizol and wish to obtain additional information, please visit us at www.faruqilaw.com/LZ 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. Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP ( www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV