|[January 03, 2013]
WeissLaw LLP Investigates Westway Group, Inc.
NEW YORK --(Business Wire)--
WeissLaw LLP, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
Directors of Westway Group, Inc. ("Westway" or the "Company") (NasdaqGS:
WWAY) arising from its agreement for Westway to be acquired by EQT
Infrastructure II Fund ("EQT"), a private equity group in Northern
Europe, in a transaction valued at approximately $419 million. Under the
terms of the proposed transaction Westway shareholders will receive
$6.70 in cash for each Westway share they own. This price is below the
target price set by certain securities analysts.
WeissLaw LLP is investigating whether Westway's Board acted in the best
interests of its public shareholders by actively shopping the Company to
maximze shareholder value for Westway's public shareholders, prior to
entering into the proposed transaction with EQT. If you own Westway
shares and would like more information about your rights as a
shareholder or additional information concerning our investigation,
please contact Joshua M. Rubin either by email at email@example.com
or by telephone at (888) 593-4771.
WeissLaw LLP has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have
recovered over a billion dollars for defrauded institutions and
individuals and obtained important corporate governance in these cases.
If you have information or would like legal advice concerning possible
corporate wrongdoing (including insider trading, waste of corporate
assets, accounting fraud, or issuing materially misleading information),
consumer fraud (including false advertising, defective products, or
other deceptive business practices), or anti-trust violations, please
email us at firstname.lastname@example.org
or fill out the form on our website, http://www.weisslawllp.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
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