NEW YORK, Feb. 5, 2014 /PRNewswire/ -- Morgan &
Morgan announces that it is investigating potential legal
claims against the board of directors of Texas Industries, Inc.
("Texas Industries" or the "Company") (NYSE: TXI) concerning
possible breaches of fiduciary duty and other violations of law
related to the Company's efforts to sell the Company to
Martin Marietta in a stock deal
valued at approximately $2.7
billion.
If you own shares of Texas Industries and want more information
about the Texas Industries Takeover Investigation please contact
George Pressly, Esq. at 1(800)
631-6234 or email George at
AskGeorge@morgansecuritieslaw.com.
Under the terms of the proposed transaction, Texas Industries
stockholders will receive 0.7 Martin
Marietta share for each share of Texas Industries common
stock they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law by Texas Industries' Board of Directors
for not acting in the best interest of the Company's shareholders
in connection with the sale process.
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to securities fraud, the firm also practices in
the areas of antitrust, personal injury, consumer protection,
overtime, and product liability. All of the Firm's legal
endeavors are rooted in its core mission: provide investor and
consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a similar
outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-631-6234
info@morgansecuritieslaw.com
SOURCE Morgan & Morgan