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TECO Energy, Inc. (NYSE:TE) Investor Filed Lawsuit Against Acquisition By Emera Inc

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Lawsuit Overview

November 12, 2015 (Shareholders Foundation) - An investor who currently holds shares of TECO Energy, Inc. (NYSE:TE), filed a lawsuit in effort to halt the proposed takeover of TECO Energy, Inc. by Emera Inc for $22.55 per share is unfair. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:TE stockholders by agreeing to sell TECO Energy, Inc. too che...



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