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Pure Cycle Corporation (PCYO)

(NasdaqCM: PCYO)

Summary

PURE CYCLE SHAREHOLDER ALERT: Faruqi & Faruqi, LLP Launches An Investigation Against Pure Cycle Corporation (PCYO) 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 Pure Cycle Corporation (“Pure Cycle” or the “Company”) (NasdaqCM: PCYO) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the Pure Cycle Corporation 2014 Equity Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on December 6, 2013, the Board of Directors recommends that Pure Cycle’s shareholders vote to approve the 2014 Equity Incentive Plan to issue 1,600,000 shares of the Company’s common stock.  The issuance of the additional shares could have a substantial dilutive effect on the shares of Pure Cycle common stock.

If you own common stock in Pure Cycle Corporation and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

 

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  • Company:
    Pure Cycle Corporation (PCYO)
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Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330

Email:

Case Details

Date:

  • 12/10/2013

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