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Cleco Corporation (NYSE:CNL) Investor Lawsuit Over Alleged Breaches Of Fiduciary Duties In Acquisition Filed

  • If you purchased shares of Cleco Corporation (NYSE:CNL) and currently hold any of those NYSE:CNL shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

November 01, 2014 (Shareholders Foundation) - An investor, who currently holds shares of Cleco Corporation (NYSE:CNL), filed a lawsuit in effort to halt the proposed takeover Cleco Corp. for $55.37 per share. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:CNL stockholders by agreeing to sell Cleco Corporation too cheaply via an unfair process. ...



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