Faruqi & Faruqi, LLP Launches An Investigation Against Corporate Resource Services, Inc. (CRRS) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
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 Corporate Resource Services, Inc. (“Corporate Resource” or the “Company”) (NasdaqCM: CRRS) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the Company’s 2013 Equity Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on October 8, 2013, the Board of Directors recommends that Corporate Resource’s shareholders vote to approve the Company’s 2013 Equity Incentive Plan to increase the number of shares available for issuance thereunder by 5,000,000 shares. The issuance of the additional shares could have a substantial dilutive effect on the shares of Corporate Resource common stock.
If you own common stock in Corporate Resource 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.
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Faruqi & Faruqi, LLP
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