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SeaCube Container Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Ontario Teachers’ Pension Plan

2013-01-23 10:21 ET - News Release

Company Website: http://www.powerstaylor.com
DALLAS -- (Business Wire)

Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of SeaCube Container Leasing, Ltd. (“SeaCube”) (NYSE: BOX) to Ontario Teachers’ Pension Plan for shareholders. Under the terms of the proposed deal, SeaCube shareholders will receive only $23.00 in cash for each share of SeaCube stock owned.

If you are an affected investor, and you want to learn more about the lawsuit or join the action, please contact Willie Briscoe at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at zach@powerstaylor.com. There is no cost or fee to you.

The SeaCube sale investigation centers on whether SeaCube’s shareholders are receiving adequate compensation for their shares in the buyout, whether the transaction undervalues SeaCube’s stock, and whether SeaCube’s board attempted to obtain the highest share price for all shareholders prior to agreeing to the deal. Shareholder rights attorney Patrick Powers said, “Due to the positive performance of SeaCube, the historical trading range and other factors, we believe this transaction may undervalue SeaCube’s stock. Our proposed lawsuit will seek to obtain the highest share price for all shareholders.”

The Briscoe Law Firm, PLLC is a full service business litigation and shareholder rights advocacy firm with more than 20 years of experience in complex litigation and transactional matters.

Powers Taylor, LLP is a boutique litigation law firm that handles a variety of complex business litigation matters, including claims of investor and stockholder fraud, shareholder oppression, shareholder derivative suits, and security class actions.


The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
Powers Taylor, LLP
Zach Groover, 877-728-9607

Source: Powers Taylor, LLP

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