NEW YORK, NY -- (Marketwire) -- 07/01/09 -- 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