Faruqi & Faruqi, LLP Launches An Investigation of CLARCOR Inc. For Potential Breaches of Fiduciary Duties by Its Board of Directors Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of CLARCOR Inc. PR Newswire NEW YORK, Feb. 20, 2014 NEW YORK, Feb. 20, 2014 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of CLARCOR Inc. ("CLARCOR" or the "Company") (NYSE: CLC) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment to the 2014 CLARCOR Inc. Incentive Plan (the "Plan"). Faruqi & Faruqi, LLP Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on February 20, 2014 the Board of Directors recommends that CLARCOR's shareholders vote to approve the Plan for the issuance of 6,000,000 shares to be granted thereunder. The issuance of these shares could have a substantial dilutive effect on the shares of CLARCOR common stock. Request more information now by clicking here: www.faruqilaw.com/CLC. 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. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw. If you own common stock in CLARCOR and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/CLC or contact Juan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330. Contact: Faruqi & Faruqi, LLP 369 Lexington Avenue, 10th Floor New York, NY 10017 Attn: Juan E. Monteverde, Esq. email@example.com Toll Free: (877) 247-4292 Phone: (212) 983-9330 Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP. The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter. We are happy to discuss your particular case. Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO SOURCE Faruqi & Faruqi, LLP Website: http://www.faruqilaw.com
Faruqi & Faruqi, LLP Launches An Investigation of CLARCOR Inc. For Potential Breaches of Fiduciary Duties by Its Board of
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