March 7, 2016 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Checkpoint Systems, Inc. (NYSE:CKP), was announced concerning whether the takeover of Checkpoint Systems, Inc. by CCL Industries Inc for $10.15 per share is unfair to NYSE:CKP stockholders.

The investigation by a law firm concerns whether certain officers and directors of Checkpoint Systems, Inc. breached their fiduciary duties owed to NYSE:CKP investors in connection with the proposed acquisition.

On March 2, 2016, Checkpoint Systems, Inc. (NYSE:CKP) announced that it has entered into an agreement to be acquired by an affiliate of CCL Industries Inc. for $10.15 per share in cash, for a total transaction value of approximately$443 million.

However, given that at least one analyst has set the high target price for NYSE:CKP shares at $13.00 per share, the investigation concerns whether the offer is unfair to NYSE:CKP stockholders. More specifically, the investigation concerns whether the Checkpoint Systems Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.