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The Law Firm of Levi & Korsinsky, LLP Launches an Investigation into the Possible Breaches of Fiduciary Duty by the Board of Ma


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Published in Business and Finance on Friday, December 17th 2010 at 7:35 GMT by Market Wire   Print publication without navigation


NEW YORK--([ BUSINESS WIRE ])--Levi & Korsinsky is investigating the Board of Directors of Marshall & Ilsley Corporation (aM&Ia or the aCompanya) (NYSE:MI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to BMO Financial Group (aBMOa) (NYSE: BMO). Under the terms of the transaction, M&I shareholders will receive 0.1257 shares of BMO stock for each share of M&I they own. Based on the previous closing prices, the transaction values M&I stock at $7.75 per share with a total transaction value of approximately $4.1 billion.

Click here to learn how to join the action: [ http://www.zlk.com/mi-mi.html ], or call: 877-363-5972.

The investigation concerns whether the M&I Board of Directors breached their fiduciary duties to M&I stockholders by failing to adequately shop the Company before entering into this transaction and whether BMO is underpaying for M&I shares, thus unlawfully harming M&I stockholders. In particular, shares of M&I stock traded as high as $10.66 per share as recently as April 21, 2010 and at least one analyst set a price target for M&I stock at $9.50 per share.

If you own common stock in M&I 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://www.zlk.com/mi-mi.html ].

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.


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