We Give Shareholders a Voice
Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Castle Brands Inc. (“Castle Brands” or the “Company”) (NYSE: ROX) to Pernod Ricard. Under the terms of the deal, Castle Brands shareholders will receive $1.27 in cash for each outstanding share of Castle Brands common stock they own.
The Castle Brands merger investigation concerns whether the Board of Castle Brands breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Pernod Ricard is underpaying for Castle Brands shares, thus unlawfully harming Castle Brands shareholders.
To receive more information, please fill out the form.