IMPORTANT SODASTREAM INTERNATIONAL LTD. INVESTOR ALERT: Wolf Haldenstein Adler Freeman & Herz LLP is Investigating the Acquisition of SodaStream International Ltd. by PepsiCo Inc.
NEW YORK, NY / ACCESSWIRE / August 21, 2018 / Wolf Haldenstein Adler Freeman & Herz LLP announces that it is investigating the acquisition of SodaStream International Ltd. ("SodaStream") (SODA) by PepsiCo Inc. ("Pepsi") and whether the board members of SodaStream breached their fiduciary duties in connection with the proposed sale of the Company to Pepsi and failed to disclose material projections and/or events to investors.
SodaStream International Ltd. manufactures home beverage carbonation systems, which e-consumers use to transform tap water into carbonated soft drinks and sparkling water. They develop, manufacture and sell soda makers and exchangeable carbon-dioxide (CO2) as well as consumables, consisting of CO2 refills, reusable carbonation bottles and flavors.
On August 20, 2018, SodaStream announced that it would be acquired by Pepsi for $144.00 per share in cash.
Investors who currently hold shares of SodaStream and held prior to the August 20th merger announcement, are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. SodaStream shareholders have the option to file a class action lawsuit to ensure the Board of Directors obtains the best possible price for shareholders and the disclosure of all material information.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
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Contact:
Wolf Haldenstein Adler Freeman & Herz LLP
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
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SOURCE: Wolf Haldenstein Adler Freeman & Herz LLP
