Faruqi & Faruqi, LLP Launches an Investigation against Atlas Air Worldwide
Holdings Inc. (AAWW) for Potential Breaches of Fiduciary Duties by Its Board
NEW YORK -- April 20, 2013
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Atlas Air Worldwide
Holdings Inc. (“Atlas Air” or the “Company”) (NASDAQ: AAWW) for potential
breaches of fiduciary duties in connection with their conduct in seeking
shareholders’ approval for an amendment to the Company’s 2007 Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities
and Exchange Commission on April 15, 2013, the Board of Directors recommends
that Atlas Air’s shareholders vote to approve an amendment to the Company’s
2007 Incentive Plan to increase the shares available for awards by 1,300,000.
The issuance of the additional shares could have a substantial dilutive effect
on the shares of Atlas Air common stock.
Request more information now by clicking here: www.faruqilaw.com/AAWW. There
is no cost or obligation to you.
Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.
If you own common stock in Atlas Air and wish to obtain additional information
and protect your investments free of charge, please visit us at
www.faruqilaw.com/AAWW or contact Juan E. Monteverde, Esq. either via e-mail
at email@example.com or by telephone at (877) 247-4292 or (212)
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Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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