Faruqi & Faruqi Investigation: Wausau Paper Corp.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Wausau Paper Corp. (“Wausau” or the “Company”) (NYSE:WPP) for potential breaches of fiduciary duties in connection with the sale of the Company to SCA for approximately $513 million in a cash transaction.
The Company’s stockholders will only receive $10.25 for each share of Wausau common stock they own. However, Wassau stock has traded as high as $11.26 per share as recently as January 2, 2015 and, furthermore, at least one analyst has set a price target at $12.00 per share.
If you own common stock in Wausau 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.