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Faruqi & Faruqi, LLP Launches An Investigation Against NewMarket Corporation (NEU) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Friday, March 14, 2014
Faruqi & Faruqi, LLP Launches An Investigation Against NewMarket Corporation (NEU) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors19:15 EDT Friday, March 14, 2014
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of NewMarket Corporation
NEW YORK, March 14, 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 NewMarket Corporation ("NewMarket" or the "Company") (NYSE: NEU) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for the NewMarket Corporation 2014 Incentive Compensation and Stock Plan.
Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on March 10, 2014, the Board of Directors recommends that NewMarket's shareholders vote to approve the issuance of shares of the common stock by 1,000,000 under the 2014 Incentive Compensation and Stock Plan. The issuance of these shares could have a substantial dilutive effect on the shares of NewMarket common stock.
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If you own common stock in NewMarket and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/ NEU 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.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: Juan E. Monteverde, Esq.email@example.comToll Free: (877) 247-4292Phone: (212) 983-9330
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