The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches of
fiduciary duty to current shareholders of CEC Entertainment, Inc.
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 CEC
Entertainment Inc.
Former United States Securities and Exchange Commission attorney
Willie
Briscoe and the securities litigation firm of
Powers
Taylor LLP are investigating potential claims against the Board of
Directors of CEC...
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 CEC
Entertainment Inc.
U.S. stock futures are higher; shares rise in Japan and Hong Kong; Alan Mulally to remain at Ford through end of 2014; Forest Labs close to buying Aptalis; CEC Entertainment is exploring a sale.
Shareholders of CEC Entertainment, Inc. looking to boost their income beyond the stock's 2.5% annualized dividend yield can sell the March 2014 covered call at the $45 strike and collect the premium based on the 95 cents bid, which annualizes to an additional 8.2% rate of return against the current stock price (at Stock Options Channel we call this the YieldBoost), for a total of 10.7% annualized rate in the scenario where the stock is not called away.