newsfilter
← Latest News
Business Wire·

Law Firm Brower Piven Announces Investigation of H.J. Heinz Company Proposed Buyout

STEVENSON, Md.--(BUSINESS WIRE)--The securities litigation firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of H.J. Heinz Company (“Heinz” or the “Company”) (NYSE: “HNZ”) and other violations of state law by the board of directors of Heinz relating to the proposed acquisition of the Company by Berkshire Hathaway and 3G Capital. The firm’s investigation seeks to determine, among other things, whether the board of directors of Heinz breached their fiduciary duties by failing to maximize shareholder value.