SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of PetSmart, Inc. in Connection with the Sale of the Company- PETM
BALA CYNWYD, Pa., Dec. 16, 2014 /PR Newswire/ – Law office of Brodsky & Smith, LLC are investigating potential claims against the Board of Directors of PetSmart, Inc. ("PetSmart") or the ("Company") (Nasdaq –PETM-News) concerning the sale of the Company to BC Partners, Inc.
Click here to learn more about the investigation http://brodsky-smith.com/866-petm-petsmart-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, PetSmart shareholders will only receive $83.00 in cash for each share of PetSmart stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of PetSmart for not acting in the Company's shareholders best interests in connection with the sale process. The transaction may undervalue the company and the investigation seeks to determine if PetSmart shareholders are entitled to additional compensation.
If you own shares of PetSmart and wish to discuss the legal ramifications of the investigation, 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], by visiting http://brodsky-smith.com/866-petm-petsmart-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. Brodsky & Smith, LLC may not have filed a complaint.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert--brodsky--smith-llc-announces-investigation-of-petsmart-inc-in-connection-with-the-sale-of-the-company--petm-300010808.html
SOURCE Brodsky & Smith, LLC
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