Lawsuit Overview
An investor, who currently hold shares of SUPERVALU INC. (NYSE: SVU), filed a lawsuit against the takeover of SUPERVALU INC. by United Natural Foods, Inc. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE: SVU stockholders by agreeing to sell SUPERVALU INC. cheaply via an unfair process. Eden Prairie, MN based SUPERVALU INC., together with its su...
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