NEW YORK, Aug. 21, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky LLP has filed a class action lawsuit in the United States District Court for the Northern District of Texas (Civil Action No. 3:13-cv-02943-n) on behalf of all current stockholders of Frozen Food Express Industries, Inc. ("FFE") (Nasdaq:FFEX) in connection with the proposed sale of the company to Duff Brothers Capital Corporation and Duff Brothers Subsidiary, Inc. (collectively "Duff Brothers"). The complaint alleges, among other things, that FFE and members of its board of directors violated Sections 14(d) and 14(e) of the Securities Exchange Act of 1934. More specifically, the complaint alleges that the defendants engaged in unlawful self-dealing, issued materially misleading information, and engaged in an unfair sales process.
If you wish to serve as lead plaintiff, you must move the Court no later than 60 days from today. If you wish to discuss this action or have any questions concerning this notice or your rights or interests, please contact plaintiffs' counsel, Joseph E. Levi, at (212) 363-7500 or, via email, at email@example.com, or visit http://zlk.9nl.com/frozen-food-express/. Any member of the putative class may move the Court to serve as lead plaintiff through counsel of their choice or may choose to do nothing and remain an absent class member.
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. AT THIS TIME YOU MAY DO NOTHING AND REMAIN AN ABSENT CLASS MEMBER. YOU MAY ALSO RETAIN COUNSEL OF YOUR CHOICE.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, and Washington, D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT: Levi & Korsinsky LLP Eduard Korsinsky, Esq. 30 Broad Street, 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972Source:Levi & Korsinsky, LLP