WeissLaw LLP Investigates Westway Group, Inc.
NEW YORK -- January 3, 2013
WeissLaw LLP, a national class action and shareholder rights law firm with
offices in New York City and Los Angeles, is investigating possible breaches
of fiduciary duty and other violations of law by the Board of Directors of
Westway Group, Inc. (“Westway” or the “Company”) (NasdaqGS: WWAY) arising from
its agreement for Westway to be acquired by EQT Infrastructure II Fund
(“EQT”), a private equity group in Northern Europe, in a transaction valued at
approximately $419 million. Under the terms of the proposed transaction
Westway shareholders will receive $6.70 in cash for each Westway share they
own. This price is below the target price set by certain securities analysts.
WeissLaw LLP is investigating whether Westway’s Board acted in the best
interests of its public shareholders by actively shopping the Company to
maximize shareholder value for Westway’s public shareholders, prior to
entering into the proposed transaction with EQT. If you own Westway shares and
would like more information about your rights as a shareholder or additional
information concerning our investigation, please contact Joshua M. Rubin
either by email at email@example.com or by telephone at (888) 593-4771.
WeissLaw LLP has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have recovered
over a billion dollars for defrauded institutions and individuals and obtained
important corporate governance in these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing (including
insider trading, waste of corporate assets, accounting fraud, or issuing
materially misleading information), consumer fraud (including false
advertising, defective products, or other deceptive business practices), or
anti-trust violations, please email us at firstname.lastname@example.org or fill out the
form on our website, http://www.weisslawllp.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
Joshua M. Rubin, Esq.
1500 Broadway, 16^th Floor
New York, NY 10036
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