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Benihana Inc. (NASDAQ:BNHN) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover

  • If you purchased shares of Benihana Inc. (NASDAQ:BNHN) prior to May 22, 2012 and currently hold any of those NASDAQ:BNHN shares, you have certain options and you should contact the Shareholders Foundation, Inc

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Lawsuit Overview

May 31, 2012 (Shareholders Foundation) -- An investor in NASDAQ:BNHN shares filed a lawsuit against directors of Benihana Inc. in effort to block the proposed takeover at $16.30 per NASDAQ:BNHN share. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties owed to NASDAQ:BNHN investors arising out of the attempt to sell the company too che...



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