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Toll Brothers Inc. (TOL)



Faruqi & Faruqi, LLP Announces the Investigation of Toll Brothers Inc. (TOL) 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 Toll Brothers Inc. (“Toll Brothers” or the “Company”) (NYSE: TOL) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval of the Toll Brothers Stock Incentive Plan for Employees (2014).

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on February 3, 2014, the Board of Directors recommends that Toll Brothers’ shareholders vote to approve the Toll Brothers Stock Incentive Plan for Employees (2014). An aggregate maximum of 7,500,000 shares of the Company’s common stock may be issued under the 2014 Plan. The issuance of the additional shares could have a substantial dilutive effect on the shares of Toll Brothers common stock.

If you own common stock in Toll Brothers 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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Faruqi & Faruqi, LLP
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New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 02/06/2014

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