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Golden Enterprises Inc. (GLDC)



Faruqi & Faruqi, LLP Announces the Investigation of Golden Enterprises Inc. (GLDC) Over the Proposed Sale of the Company to Utz Quality Foods, Inc.

Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Golden Enterprises Inc. (“Golden Enterprises” or the “Company”) (NasdaqGM:GLDC) for potential breaches of fiduciary duties in connection with the sale of the Company to Utz Quality Foods, Inc. for approximately $1.53 billion.

The Company’s stockholders will only receive $12.00 in cash for each share of Company common stock they own.

If you own common stock in Golden Enterprises and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/GLDC or contact Nadeem Faruqi, Esq. either via e-mail at nfaruqi@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.  You may also contact Juan E. Monteverde, Esq.  either via email at jmonteverde@monteverdelaw.com or by telephone at (212) 971-1341.

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information at no cost to you on how to join the Class Action.

  • Company:
    Golden Enterprises Inc. (GLDC)

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Contact Counsel

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


Case Details


  • 07/25/2016

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