The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

Globe Investor

News Sources

Take control of your investments with the latest investing news and analysis

Press release from PR Newswire

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 Directors

19:15 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.

Request more information now by clicking here: www.faruqilaw.com/ NEU. 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 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 jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Contact:

Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew York, NY 10017Attn: Juan E. Monteverde, Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone:   (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

Products
  • Globe Unlimited

    Digital all access pass across devices. subscribe

  • The Globe and Mail Newspaper

    Newspaper delivered to your doorstep. subscribe

  • Globe2Go

    The digital replica of our newspaper. subscribe

  • Globe eBooks

    A collection of articles by the Globe. subscribe

See all Globe Products

Advertise with us

GlobeLink.ca

Your number one partner for reaching Canada's Influential Achievers. learn more

The Globe at your Workplace
Our Company
Customer Service
Globe Recognition
Mobile Apps
NEWS APP
INVESTING APP
Other Sections