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Solutia Inc. (NYSE:SOA) Investor Files Lawsuit To Block Proposed Takeover By Eastman Chemical

  • If you are a current investor in Solutia Inc. (NYSE:SOA) and purchased NYSE:SOA shares prior to the announcement, you have certain options and should contact the Shareholders Foundation, Inc.

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Lawsuit Overview

San Diego, Feb. 9, 2012 (Shareholders Foundation) -- An investor in NYSE:SOA shares filed a lawsuit in State Court against directors in effort to block the proposed takeover of Solutia Inc by Eastman Chemical Company for a value of approximately $27.65 per share. According to the complaint the plaintiff alleges that defendants breached their fiduciary duties owed to Solutia (NYSE:SOA...



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