SCHAWK INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Schawk, Inc. (SGK) Over the Proposed Sale of the Company to Matthews International Corporation (MATW)
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 Schawk, Inc. (“SGK” or the “Company”) (NYSE: SGK) for potential breaches of fiduciary duties in connection with the sale of the Company to Matthews International Corporation for approximately $577 million. The Company’s stockholders will only receive $11.80 cash and 0.20582 shares of Matthews’ common stock for each share of SGK common stock they own.
The investigation focuses on whether SGK’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of SGK’s shareholders.
If you own common stock in SGK and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.