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Faruqi & Faruqi, LLP Launches An Investigation Against Brunswick Corporation (BC) Potential Breaches Of Fiduciary Duties By Its Board Of Directors

2014-04-11 18:18 ET - News Release

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Brunswick Corporation

NEW YORK, April 11, 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 Brunswick Corporation ("Brunswick" or the "Company") (NYSE: BC) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval of the 2014 Stock Incentive Plan.

Faruqi & Faruqi, LLP

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on March 27, 2014, the Board of Directors recommends that Brunswick's shareholders vote to approve the 2014 Stock Incentive Plan to increase the total number of shares of the common stock by 5,000,000.  The issuance of the additional shares could have a substantial dilutive effect on the shares of Brunswick common stock.

Request more information now by clicking here: www.faruqilaw.com/BC. 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 Brunswick and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/BC 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, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone:    (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.

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SOURCE Faruqi & Faruqi, LLP

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