SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by Board of Morgan's Foods Inc. In Connection With Sale Of Company to Apex Restaurant Management, Inc.

NEW YORK, April 2, 2014 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Morgan's Foods Inc. ("Morgan's Foods" or the "Company") MRFD for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Apex Restaurant Management, Inc.

Click here to learn more about the investigation http://zlk.9nl.com/morgans-foods-mrfd, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Morgan's Foods shareholders will receive $5.00 in cash for each share of Morgan's Foods stock they own. The investigation concerns whether the Morgan's Foods Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Apex Restaurant Management, Inc. is underpaying for Morgan's Foods shares.

If you own Morgan's Foods common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/morgans-foods-mrfd. 

Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004           
Tel: (212) 363-7500
Toll Free:  (877) 363-5972
Fax: (866) 367-6510
www.zlk.com

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SOURCE Levi & Korsinsky, LLP