Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

EDGEN GROUP INC. INVESTOR ALERT: Levi & Korsinsky, LLP Investigates Possible Breaches of Fiduciary Duty by Board of Edgen Group

  EDGEN GROUP INC. INVESTOR ALERT: Levi & Korsinsky, LLP Investigates Possible
  Breaches of Fiduciary Duty by Board of Edgen Group Inc. In Connection With
  Sale Of Company to Sumitomo Corporation

Business Wire

NEW YORK -- October 2, 2013

Levi & Korsinsky is investigating the Board of Directors of Edgen Group Inc.
(“Edgen” or the “Company”) (NYSE: EDG) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of the Company
to Sumitomo Corporation.

Click here to learn more about the investigation, or call: 877-363-5972. There is no cost
or obligation to you.

Under the terms of the transaction, Edgen shareholders will receive $12.00 for
each share of Edgen stock they own. The transaction has a total approximate
value of $520 million. The investigation concerns whether the Edgen Board of
Directors breached their fiduciary duties to stockholders by failing to
adequately shop the Company before agreeing to enter into this transaction,
and whether Sumitomo Corporation is underpaying for Edgen shares. In
particular, at least one analyst set a price target of $15.00 per share of

If you own Edgen common stock and wish to obtain additional information,
please contact Joseph E. Levi, Esq. either via email at or by
telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit

Levi & Korsinsky is a national firm with offices in New York, New Jersey,
Connecticut and Washington D.C. The firm has extensive expertise in
prosecuting securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys listed
below. Attorney advertising. Prior results do not guarantee similar outcomes.

Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171


Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
(212) 363-7500, toll-free: (877) 363-5972
Sponsored Links
Sponsored Links