Law Firm Brower Piven Investigates Claims Against Global Industries, Ltd.

09/13/11

Law firm Brower Piven investigates claims against Global Industries, Ltd.

Brower Piven's law firm is investigating claims against Global Industries, Ltd. for violation of fiduciary duty to current shareholders. The investigation hunts for to determining whether the board breached their fiduciary duties by failing to maximize value of shareholder. Global Industries had announced a definitive merger agreement with Technip under which Technip will acquire Global in an all cash merger. According to the agreement, Global stockholders were to receive $8.00 per share in cash for each share. Stock price of Global has of late traded over $10.00 per share. Brower Piven has an experience of over 60 years in litigating securities and other class action cases.

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