Faruqi & Faruqi, LLP Announces the Investigation of Toll Brothers Inc. (TOL) For Potential Breaches of Fiduciary Duties by Its Board of Directors

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Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Toll Brothers Inc.

NEW YORK, Feb. 6, 2014 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Toll Brothers Inc. ("Toll Brothers" or the "Company") TOL for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval of the Toll Brothers Stock Incentive Plan for Employees (2014).

(Logo: http://photos.prnewswire.com/prnh/20120119/MM38856LOGO )

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on February 3, 2014, the Board of Directors recommends that Toll Brothers' shareholders vote to approve the Toll Brothers Stock Incentive Plan for Employees (2014). An aggregate maximum of 7,500,000 shares of the Company's common stock may be issued under the 2014 Plan. The issuance of the additional shares could have a substantial dilutive effect on the shares of Toll Brothers common stock.

Request more information now by clicking here: www.faruqilaw.com/TOL. There is no cost or obligation to you.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation.  The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation.  The firm has an experienced trial team which has achieved significant victories on behalf of the firm's clients. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.

If you own common stock in Toll Brothers and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/TOL or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330. 

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com 
Toll Free: (877) 247-4292
Phone:    (212) 983-9330

Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP.  The law firm responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).  Prior results do not guarantee or predict a similar outcome with respect to any future matter.  We are happy to discuss your particular case.

SOURCE Faruqi & Faruqi, LLP

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