|By PR Newswire||
|November 16, 2012 12:37 PM EST||
NEW YORK, Nov. 16, 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.
Click here to learn more about the investigation http://zlk.9nl.com/teavana-holdings-tea, or call: 877-363-5972.
Schiff Nutrition International, Inc.
Levi & Korsinsky is investigating the Board of Directors of Schiff Nutrition International, Inc. (NYSE: SHF) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Bayer HealthCare, LLC ("Bayer"). On October 31, 2012, Schiff announced it would sell the Company to Bayer for approximately $1.2 billion. Under the terms of the transaction, Schiff shareholders are set to receive $34 in cash for each share of Schiff stock they own. The Company also acknowledged that shareholders representing more than 85% of the Company's outstanding stock had agreed to tender their shares. Then on November 15, 2012, Reckitt Benckiser Group Plc announced it would begin a tender offer of $42 per Schiff share.
Click here to learn more about the investigation: http://zlk.9nl.com/schiff-nutrition, or call: 877-363-5972.
Levi & Korsinsky, LLP is investigating Diodes Incorporated (NasdaqGS: DIOD), and its Board of Directors in connection with the compensation provided to certain of its executive officers.
To get more information, click here: http://zlk.9nl.com/diodes-incorporated-diod, or call: 877-363-5972.
Levi & Korsinsky is a national firm with offices in New York and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP