NEW YORK, NY, Jul 01 (MARKET WIRE) --
Levi & Korsinsky announces that a class action lawsuit has been filed in
the Circuit Court of the State of Maryland challenging the proposed
acquisition of Foundation Coal Holdings, Inc. ("Foundation Coal" or the
"Company") (NYSE: FCL). The complaint arises out of the announcement by
Foundation Coal that it had entered into a definitive merger agreement
with Alpha Coal Resources, Inc. (NYSE: ANR) ("Alpha Coal"). Under the
terms of the merger agreement, Foundation Coal shareholders will receive
shares in the post-merger entity valued at $32.73 per share. The
complaint alleges that Foundation and its directors breached their
fiduciary duties to Foundation's stockholders and that certain
disclosures in the Registration Statement are misleading and/or
incomplete.
If you own common stock in Foundation Coal and wish to obtain additional
information, please contact us at the number listed below or visit
http://www.zlk.com/fcl.html.
L&K has extensive experience in prosecuting investor securities litigation
involving financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder litigation.
CONTACT:
Levi & Korsinsky, LLP
Eduard Korsinsky, Esq.
Juan E. Monteverde, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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