Faruqi & Faruqi, LLP Launches Investigation Of Ethan Allen Interiors Inc. (ETH) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors In The Manner It Seeks Executive Compensation Approval
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Ethan Allen Interiors Inc. (“Ethan Allen” or the “Company”) (NYSE: ETH) for potential breaches of fiduciary duties in connection with their conduct of seeking shareholders’ approval of executive compensation for the Company’s executive officers as outlined in the Proxy Statement on Form Schedule 14A filed by the Company with the Securities and Exchange Commission on October 2, 2012. In particular, the Proxy is seeking Ethan Allen shareholders’ approval of the compensation provided to the Company’s executive officers.
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Faruqi & Faruqi, LLP
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Tel: (212) 983-9330
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