NEW YORK--(BUSINESS WIRE)--The Law Offices of Vincent Wong are investigating the Board of Directors of Tembec Inc. (OTMKTS:TMBCF) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Rayonier Advanced Materials Inc. (NYSE:RYAM). Under the terms of the deal, Tembec shareholders may elect to receive either (1) C$4.05 in cash or (2) 0.2302 of a Rayonier share for each share of Tembec stock they own.
The investigation concerns whether the Tembec Board of Directors breached their fiduciary duties to Tembec stockholders by failing to adequately shop the Company before entering into this transaction and whether Rayonier Advanced is underpaying for Tembec shares, thus unlawfully harming Tembec stockholders.
If you own common stock in Tembec and wish to obtain additional information, please contact Vincent Wong, Esq. either via email email@example.com, by telephone at 212.425.1140, or visit http://docs.wongesq.com/TMBCF-Info-Request-Form-1616.
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.