Science & Technology
Mon, August 27, 2012 
NEW YORK--([ BUSINESS WIRE ])--The Rosen Law Firm, P.A. is investigating the Board of Directors of TPC Group Inc. (NASDAQ: TPCG) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to First Reserve Corporation and SK Capital Partners.
If you would like to join the action please email or call Phillip Kim or Kevin Chan, toll-free, at 866-767-3653; or email at [ pkim@rosenlegal.com ] or [ kchan@rosenelgal.com ]. There is no cost or obligation to you.
Under the terms of the transaction, shareholders will receive $40.00 per share for each share of TPC stock they own. The transaction has a total value of approximately $850 million. The investigation relates to whether TPCas Board breached its fiduciary duties by failing to adequately shop the Company before entering into this transaction and whether First Reserve Corporation and SK Capital Partners are underpaying for TPCas shares, consequently unlawfully harming TPCas shareholders.
If you own common stock in TPCas stock and wish to obtain additional information, you may also contact Phillip Kim or Kevin Chan of The Rosen Law Firm toll free at 866-767-3653 or via e-mail at [ pkim@rosenlegal.com ] or [ kchan@rosenelgal.com ].
The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar outcome.
