Faruqi & Faruqi, LLP Launches An Investigation Against SYNNEX Corporation (SNX) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
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.
If you own common stock in SYNNEX 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.