Faruqi & Faruqi Investigation: Roundy's, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Roundy's, Inc. (“Roundy's” or the “Company”) (NYSE:RNDY) for potential breaches of fiduciary duties in connection with the sale of the Company to The Kroger Co. for approximately $800 million in a cash transaction.
The Company’s stockholders will only receive $3.60 for each share of Company common stock they own. However, the offer represents an inadequate premium compared to the 52-week high of $6.12.
If you own common stock in Roundy's and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.