ECOLAB : The Law Firm of Weiss & Lurie Announces Investigation of Nalco Holding Company
07/21/2011| 07:30pm US/Eastern
Weiss & Lurie, a national class action and shareholder rights law firm
with offices in New York City and Los Angeles, is investigating possible
breaches of fiduciary duty and other violations of law by the Board of
Directors of Nalco Holding Company (NYSE: NLC) arising from its proposed
acquisition by Ecolab Inc. (NYSE: ECL) in a cash and stock transaction
valued at approximately $5.4 billion. Under the terms of the
transaction, Nalco shareholders may elect to receive either 0.7005 share
of Ecolab common stock or $38.80 in cash for each Nalco share.
Weiss & Lurie is investigating whether the Company's Board acted in the
best interests of shareholders in approving the transaction and whether
the Board properly sought to maximize shareholder value.
If you own Nalco shares and would like more information about your
rights as a shareholder or additional information concerning our
investigation, please contact Michael A. Rogovin either by email at firstname.lastname@example.org
or by telephone at (888) 593-4771.
Weiss & Lurie has litigated hundreds of stockholder class and derivative
actions for violations of corporate and fiduciary duties. We have
recovered over a billion dollars for defrauded institutions and
individuals and obtained important corporate governance in these cases.
If you have information or would like legal advice concerning possible
corporate wrongdoing (such as insider trading, waste of corporate
assets, accounting fraud, or issuing materially misleading press
releases or SEC filings), consumer fraud (such as false advertising,
defective products, or other deceptive business practices), or
anti-trust violations, please email us at email@example.com
or fill out the form on our website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar outcome.
Weiss & Lurie
Michael A. Rogovin, Esq.
1500 Broadway, 16th
New York, NY 10036
© Business Wire 2011