Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of The WhiteWave Foods Company (“WhiteWave” or the “Company”) (NYSE:WWAV) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the conversion of Class B common stock to Class A common stock.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on August 22, 2013, the Board of Directors recommends that WhiteWave’s shareholders vote to approve a proposal to convert all issued and outstanding shares of Class B common stock into shares of Class A common stock. The conversion could have a substantial dilutive effect on the voting rights for shares of WhiteWave Class B common stock without adequate compensation.
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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, throughout 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 shares of Class B common stock in WhiteWave and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/WWAV 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) 2013 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.