Law Office of Brodsky & Smith, LLC Announces Investigation of eResearchTechnology, Inc.
2012年4月15日 - 1:30AM
ビジネスワイヤ(英語)
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
eResearchTechnology, Inc. (“eResearch” or the “Company”) (Nasdaq:
ERT) relating to the proposed acquisition by Genstar Capital
(“Genstar.”).
Under the terms of the transaction, eResearch shareholders would
receive only $8.00 in cash for each share of eResearch stock they
own. The investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
eResearch for not acting in the Company’s shareholders' best
interests in connection with the sale process to Genstar. The
transaction may undervalue eResearch as eResearch stock traded at
$8.11 as recently as April 3, 2012. In addition, an analyst has set
a price target on eResearch stock at $9.00 per share.
If you own shares of eResearch stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com visiting
http://brodsky-smith.com/406-ert-eresearchtechnology-inc.html, or
by calling toll free 877-LEGAL-90.
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