Goldfarb Branham LLP is investigating the Board of Directors of Lance, Inc. (NasdaqGS: LNCE) because of their attempt to sell the company to Snyder’s. Under the terms of the transaction, Lance shareholders will receive a one-time payout of $3.75 in the form of a special cash dividend.

“The investigation concerns whether the Lance Board of Directors breached their fiduciary duties to Lance stockholders by failing to adequately shop the Company before entering into this transaction and whether Snyder’s is underpaying for Lance shares, thus unlawfully harming Lance stockholders,” said shareholder lawyer Hamilton Lindley.

If you have information or concerns about this transaction, contact attorney Hamilton Lindley at 877-583-2855 or by email at hlindley@goldfarbbranham.com. Goldfarb Branham LLP has significant experience representing shareholders nationwide. The firm provides nimble, creative and effective counsel at all stages of litigation.

Copyright Business Wire 2010

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