Progress Energy, Inc. investors file lawsuit against merger with Duke Energy
I have been involved in several cases where attorneys have sued companys when I owned company stock. Never received a penny yet, even though the attorneys were successful in their lawsuit. All money received went for attorney fees. I will never waste my time again sending information to attorneys in cases like this.
Why should I vote against the merger? After the merger, my investment will be worth 3 to 4% more and the dividend goes up a little bit. Where I would have liked a bigger bump, I don't see the downside. Convince me and I'll vote with you.