SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

June 30, 2014 13:00 ET

INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Integrys Energy Group, Inc. of Class Action Against Its Board of Directors in Connection With the Sale of the Company to Wisconsin Energy Corp. -- TEG

NEW YORK, NY--(Marketwired - Jun 30, 2014) -  Levi & Korsinsky notifies investors of Integrys Energy Group, Inc. ("Integrys Energy" or "the Company") (NYSE: TEG) of claims of breaches of fiduciary duty and other violations of state law against the board of directors in connection with the sale of the Company to Wisconsin Energy Corp. (NYSE: WEC). A complaint was filed in Wisconsin state court.

Click here to learn more about the investigation: http://zlk.9nl.com/integrys-energy-teg, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Integrys Energy shareholders will receive $18.58 in cash and 1.128 Wisconsin Energy shares for each share of Integrys Energy stock they own, representing a value of approximately $71.47 per share. The claims concern whether the Board of Integrys Energy breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Wisconsin Energy Corp. is underpaying for Integrys Energy shares.

If you own Integrys Energy common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/integrys-energy-teg.

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

Contact Information

  • Levi & Korsinsky, LLP
    Joseph Levi, Esq.
    Eduard Korsinsky, Esq.
    30 Broad Street - 24th Floor
    New York, NY 10004
    Tel: (212) 363-7500
    Toll Free: (877) 363-5972
    Fax: (866) 367-6510
    www.zlk.com