LOS ANGELES, Jan. 15, 2019 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (“GPM”) announces that it is investigating potential claims on behalf of investors of Seaboard Corporation (: SEB) (“Seaboard” or “the Company”) and whether the Company’s officers and directors complied with their legal obligations to the Company and its shareholders.
Beginning in September 2014 and throughout 2015, 2016, and 2017, Seaboard received several grand jury subpoenas from the Department of Justice and other federal agencies. In 2017, Seaboard received subpoenas requesting documents and information relation to money transfers in the Democratic Republic of Congo. Additional investigations were brought by the Immigration and Customs Enforcement, the U.S. Attorney’s office for the Western District of Oklahoma, and the Oklahoma Attorney General’s office.
GPM’s investigation focuses on whether the Company and its directors breached any fiduciary duties owed to shareholders.
If you own Seaboard shares, if you have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Lesley Portnoy, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to [email protected], or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Glancy, Prongay & Murray LLP, Los Angeles
Lesley Portnoy, 310-201-9150 or 888-773-9224