NEW YORK, Feb. 5, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Texas Industries, Inc. ("Texas Industries" or the "Company") (NYSE: TXI) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Martin Marietta in a stock deal valued at approximately $2.7 billion.
If you own shares of Texas Industries and want more information about the Texas Industries Takeover Investigation please contact George Pressly, Esq. at 1(800) 631-6234 or email George at AskGeorge@morgansecuritieslaw.com.
Under the terms of the proposed transaction, Texas Industries stockholders will receive 0.7 Martin Marietta share for each share of Texas Industries common stock they own.
Our investigation concerns possible breaches of fiduciary duty and other violations of law by Texas Industries' Board of Directors for not acting in the best interest of the Company's shareholders in connection with the sale process.
Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability. All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people."
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Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-631-6234
info@morgansecuritieslaw.com
SOURCE Morgan & Morgan
