BALA CYNWYD, Pa., Jan. 30, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of MeadWestvaco
Corp. ("MeadWestvaco" or "the Company") (NYSE-MWV-News) for
possible breaches of fiduciary duty and other violations of state
law in connection with the merger of the Company with
Rock-Tenn Company ("Rock-Tenn").
Click here to learn more about the investigation
http://brodsky-smith.com/883-mwv-meadwestvaco-corp.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, MeadWestvaco shareholders
will only receive and 0.78 shares of the combined company for each
share of MeadWestvaco stock they own. Following the transaction
MeadWestvaco shareholders will only own 50.1% of the combined
company. The investigation concerns whether the Board of
MeadWestvaco breached their fiduciary duties to
stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction and if the exchange ratio
undervalues MeadWestvaco. The transaction may undervalue
MeadWestvaco given the Company's recently announced strong
financial results. In addition, the Company could have responded to
reported demands to monetize real estate assets in Brazil and South
Carolina and take steps to realize value from its overfunded
pension plan.
If you own shares of MeadWestvaco common stock and wish to
discuss the legal ramifications of the investigation, or have
any questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 510, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/883-mwv-meadwestvaco-corp.html, or calling
toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC