World News: 18:21 GMT Wednesday 11th September 2019. [Halper Sadeh LLP via Globe Newswire via SPi World News]
NEW YORK, Sept. 11, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, announces the filing of shareholder class action lawsuit against Genesee & Wyoming Inc. (NYSE: GWR) in connection with the proposed sale of Genesee & Wyoming to affiliates of Brookfield Infrastructure and GIC (collectively, the “Consortium”). The lawsuit seeks damages and/or equitable relief on behalf of Genesee & Wyoming shareholders under the federal securities laws.
If you are a Genesee & Wyoming shareholder and would like to join the action or discuss your legal rights and options, please visit or contact Daniel Sadeh or Zachary Halper, , at (212) 763-0060 or or .
The lawsuit alleges that Defendants issued a materially misleading proxy statement recommending that Genesee & Wyoming shareholders vote in favor of the proposed sale of Genesee & Wyoming to the Consortium. According to the complaint, the proxy statement contains materially incomplete and misleading information concerning, among other things, Genesee & Wyoming’s financial projections and the analyses performed by Genesee & Wyoming’s financial advisors.
If you wish to serve as lead plaintiff, you must move the Court no later than November 12, 2019. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you would like to join the action or discuss your legal rights and options, please visit or contact Daniel Sadeh or Zachary Halper, , at (212) 763-0060 or or .
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE OR YOU MAY REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:Halper Sadeh LLPDaniel Sadeh, Esq.Zachary Halper, Esq.(212) 763-0060
Globe Newswire: 18:21 GMT Wednesday 11th September 2019
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