|[January 10, 2014]
Faruqi & Faruqi, LLP Launches An Investigation Against Lee Enterprises, Incorporated (LEE) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
NEW YORK --(Business Wire)--
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 Lee
Enterprises, Incorporated ("Lee" or the "Company") (NYSE: LEE) for
potential breaches of fiduciary duties in connection with their conduct
in seeking shareholders' approval for the amendment to the Company's
Amended and Restated 1996 Stock Plan.
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on January 10, 2014, the Board of
Directors recommends that Lee's shareholders vote to approve the Amended
and Restated 1996 Stock Plan to increase the number of shares available
for issuance by 300,000. The issuance of the additional shares could
have a substantial dilutive effect on the shares of Lee common stock.
Request more information now by clicking here: www.faruqilaw.com/LEE.
There is no cost or obligation to you.
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
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If you own common stock in Lee and wish to obtain additional information
and protect your investments free of charge, please visit us at www.faruqilaw.com/LEE
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
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