Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Teavana Holdings, Inc. (TEA)

NEW YORK--()--Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Teavana Holdings, Inc. (“Teavana” or the “Company”) (NYSE: TEA) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to Starbucks Coffee Company (NASDAQ: SBUX) in an all-cash deal valued at approximately $620 million. Under the terms of the proposed transaction, Teavana’s stockholders will receive $15.50 in cash for each share of Teavana’s common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $24 for Teavana.

Request more information now by clicking here: www.faruqilaw.com/TEA. There is no cost or obligation to you.

The investigation focuses on whether Teavana’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether and by how much this proposed transaction undervalues the Company to the detriment of Teavana’s shareholders.

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 Teavana and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TEA 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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Contacts

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330

Release Summary

Faruqi & Faruqi, LLP is investigating the Board of Directors of Teavana Holdings, Inc. for potential breaches of fiduciary duties related to the sale of the company to Starbucks Coffee Company.

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Contacts

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330