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Volcom, Inc. Investor Files Lawsuit To Stop Buyout

  • If you purchased shares of Volcom, Inc. (NASDAQ:VLCM) and currently continue to hold those, NASDAQ:VLCM shares, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

An investor in shares of Volcom, Inc. (NASDAQ:VLCM) has filed a lawsuit in State Court in effort to stop the proposed buyout of Volcom by PPR under the current conditions. According to the complaint the plaintiff alleges that the defendants breached their fiduciary duties in connection the proposed takeover. On Monday, May 2, 2011, PPR (FR 0000121485, PRTP.PA, PPFP) and Volcom, Inc....



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