Faruqi & Faruqi, LLP Launches An Investigation Against Moog Inc. (MOG-A) (MOG-B) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Moog Inc. (“Moog” or the “Company”) (NYSE: MOG-A and NYSE: MOG-B) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for an amendment to the Company’s 2008 Stock Appreciation Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on December 13, 2012, the Board of Directors recommends that Moog’s shareholders vote to approve an amendment to the Moog Inc. 2008 Stock Appreciation Rights Plan that would increase the total number of stock appreciation rights (“SARs”) available for issuance under the Plan by 2,000,000 SARs, from 2,000,000 to 4,000,000.
If you own common stock in Moog Inc. 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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