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Progress Energy, Inc. Investors File Lawsuit Against Merger With Duke Energy

  • If you purchased shares of Progress Energy, Inc. (NYSE:PGN) prior to the announcement and currently hold those PGN shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

JULY 2011 - Progress Energy agrees to settle merger-related suits by allowing shareholders to vote on the acquisition on August 23. JANUARY 2011 - An investor in Progress Energy filed a lawsuit in state court against certain directors of Progress Energy for allegedly breaching their fiduciary duties arising out of their attempt to sell Progress Energy too cheaply via an unfair proces...



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