Securities Fraud Lawyer - Ecoscience Fiduciary Duty Litigation

Shapiro Haber & Urmy LLP represented shareholders of EcoScience Corp. in a breach of fiduciary duty lawsuit against its former directors, arising out of the merger between EcoScience and Agro Power Development, Inc. The case, brought in the Delaware Chancery Court, charged that the merger was accomplished by means of a false proxy statement, and resulted in the payment of an unfair price to EcoScience shareholders. Shapiro Haber & Urmy LLP recovered $2 million for EcoScience’s shareholders.