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ZHONGPIN INC. (NASDAQ:HOGS) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover

  • If you are a current investor in ZHONGPIN INC. (NASDAQ:HOGS) shares and purchased your NASDAQ:HOGS shares prior to March 27, 2012, you have certain options and you should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

San Diego, April 9, 2012 (Shareholders Foundation) -- An investor in NASDAQ:HOGS shares filed a lawsuit against directors of Zhongpin Inc in effort to block the takeover of Zhongpin Inc. by its Chairman and CEO of Zhongpin Inc.. for $13.50 per NASDAQ:HOGS share. On March 27, 2012, Zhongpin Inc. announced that its Board of Directors received a preliminary, non-binding proposal from it...



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