Law Office of Brodsky & Smith, LLC Announces Investigation of O'Charley's, Inc.

BALA CYNWYD, Pa., Feb. 7, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of O'Charley's, Inc. ("O'Charley's" or the "Company") (Nasdaq – CHUX) relating to the proposed acquisition by Fidelity National Financial, Inc. ("Fidelity").

Under the terms of the transaction, O'Charley's shareholders would receive $9.85 in cash for each share of O'Charley's stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of O'Charley's for not acting in the Company's shareholders' best interests in connection with the sale process to Fidelity. The transaction may undervalue O'Charley's as a result of failing to adequately shop the Company. Fidelity currently owns approximately 9.5% of the outstanding shares of O'Charley's common stock.

If you own shares of O'Charley's 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 [email protected], visiting http://brodsky-smith.com/382-chux-ocharleys-inc.html, or by calling toll free 877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

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