Faruqi & Faruqi, LLP Announces Investigation of Central Vermont Service Corp.

NEW YORK--(BUSINESS WIRE)--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Central Vermont Public Service Corp. (“Central Vermont” or the “Company”) (NYSE: CV) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Fortis Inc. in a deal valued at about $654.73 million. The proposed transaction offers Central Vermont’s shareholders $35.10 in cash for each share they own.