WILMINGTON, Del. -- A class action lawsuit filed here seeks to halt a plan by the Queens, N.Y. supermarket chain Western Beef to purchase the remaining outstanding shares of its stock and become a private company. The suit, which accuses the principals of Western Beef's holding company and others of conspiring to offer "an inadequate price" for the stock, was filed in Delaware Chancery Court on behalf of shareholder Robert Plumpe on Dec. 3. He claims in the suit that he is acting "as the ...
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