The Law Office of Joseph Klein Investigates Possible Breach of Fiduciary Duty by the Board of Lance, Inc. - LNCE

Top Quote The Law Office of Joseph Klein is investigating the Board of Directors of Lance, Inc. ("Lance" or the "Company") (NYSE: LNCE) for possible breaches of fiduciary duty and other violations of state law. End Quote
  • New York, NY (1888PressRelease) July 27, 2010 - Lance announced that it had agreed to be acquired by Snyder's of Hanover and under the terms of the deal, Lance shareholders would receive $3.75 special cash dividend at the close of the combination. The transaction is expected to close by the fall of 2010, pending certain closing conditions, including the approval of Lance shareholders and regulators.

    The investigation concerns, among other things, whether the Lance Board of Directors breached their fiduciary duties to its stockholders by failing to adequately shop the Company before entering into this transaction and whether Snyder's of Hanover is underpaying for Lance shares, thus unlawfully harming Lance stockholders.

    If you own common stock in Lance and wish to obtain additional information about this investigation and what is being done to advance the shareholders' interests, please contact Joseph Klein, Esq. directly, via email at jk ( @ ) jkleinlawfirm dot com, by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit http://www dot jkleinlawfirm dot com/contact_us dot html dot All consultations are confidential and free of charge dot

    Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation.

    Joseph Klein, Esq.
    1560 East 27th Street
    Brooklyn, NY 11229
    Telephone: (718) 947-0005
    Fax: (718) 799-1443
    Toll Free: (877) STOK-180 (877-786-5180)

    E-Mail: jk ( @ ) jkleinlawfirm dot com
    The Web:
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