Faruqi & Faruqi, LLP Launches An Investigation Against Jamba, Inc. (JMBA) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Faruqi & Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Jamba, Inc.
(“Jamba” or the “Company”) (NasdaqGM: JMBA) for potential breaches of
fiduciary duties in connection with their conduct in seeking
shareholders’ approval for the adoption of the Jamba, Inc. 2013 Equity
Incentive Plan.
Specifically, in the Proxy Statement filed by the Company with the
Securities and Exchange Commission on April 1, 2013, the Board of
Directors recommends that Jamba’s shareholders vote to approve the
adoption of the Jamba, Inc. 2013 Equity Incentive Plan which would
authorize an aggregate of up to 9,000,000 shares issuable under the
plan. The issuance of the additional shares could have a substantial
dilutive effect on the shares of Jamba common stock.
Request more information now by clicking here: www.faruqilaw.com/JMBA.
There is no cost or obligation to you.
Faruqi & Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients.
If you own common stock in Jamba and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/JMBA
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
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