Faruqi & Faruqi Investigation: Piedmont Natural Gas Co. Inc.

Faruqi & Faruqi, LLP Announces the Investigation of Piedmont Natural Gas Co. Inc. (PNY) Over the Proposed Sale of the Company to Duke Energy Corporation

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Piedmont Natural Gas Co. Inc. (“Piedmont” or the “Company”) (NYSE:PNY) for potential breaches of fiduciary duties in connection with the sale of the Company to Duke Energy Corporation for approximately $6.7 billion.
The Company’s stockholders will only receive $60.00 in cash for each share of Piedmont common stock they own.
If you own common stock in Piedmont and wish to obtain additional information and protect your investments free of charge, please contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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