SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Courier Corporation
14 Février 2015 - 12:23AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Courier Corporation ("Courier” or "the Company") (Nasdaq: CRRC) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Quad/Graphics,
Inc. (“Quad/Graphics”).
Click here to learn more about the investigation
http://brodsky-smith.com/878-crrc-courier-corporation.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Courier shareholders will
receive only the equivalent of $20.50, consisting of cash and
shares of Quad/Graphics Class A common stock for each share of
Courier stock they own. The investigation concerns whether the
Board of Courier breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Quad/Graphics is underpaying for
Courier. The transaction may undervalue Courier as the $20.50 price
being paid to Courier shareholders is below the premium paid in
comparable transactions and is below an analyst price target.
Courier has beaten consensus analyst estimates for its adjusted EPS
in three of the last four quarters.
If you own shares of Courier common stock 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 510, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/878-crrc-courier-corporation.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 have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/878-crrc-courier-corporation.html
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