|By Business Wire||
|February 27, 2013 12:53 PM EST||
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of SYNNEX Corporation (“SYNNEX” or the “Company”) (NYSE: SNX) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the Company’s 2013 Stock Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on February 22, 2013, the Board of Directors recommends that SYNNEX shareholders vote to approve the Company’s 2013 Stock Incentive Plan. 1,696,409 shares would be subject to the 2013 Plan. The proxy also recommends that shareholders approve an advisory vote on Executive 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 common stock in SYNNEX and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/SNX or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.
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