SHAREHOLDER ALERT: Law Firm Of Levi & Korsinsky, LLP Announces Investigation Of Teavana Holdings, Inc. (TEA), Mandalay Digital Group Inc. (MNDL) And Kit Digital, Inc. (KITD) And Class Action Against Zillow, Inc. (Z)
NEW YORK, Dec. 3, 2012 /PRNewswire/ --
Teavana Holdings, Inc.
Levi & Korsinsky is investigating the Board of Directors of Teavana Holdings, Inc. (NYSE: TEA) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Starbucks Corporation (NasdaqGS: SBUX) for $15.50 per share. Shares of Teavana stock traded higher than the consideration as recently as May 29, 2012 and at least one analyst set a price target for Teavana stock at $24.00 per share.
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