NEW YORK, April 19, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of
eResearchTechnology ("eResearch" or the "Company") (Nasdaq: ERT)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Genstar
Capital. Under the terms of the transaction, eResearch
shareholders will receive $8.00 for
each eResearch share they own.
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Click here to learn how to join the action:
http://www.zlk.com/eresearchtechnology-ert, or call: 877-363-5972.
There is no cost or obligation to you.
The investigation concerns whether the eResearch Board of
Directors breached their fiduciary duties to eResearch stockholders
by failing to adequately shop the Company before entering into this
transaction and whether Genstar Capital is underpaying for
eResearch shares, thus unlawfully harming eResearch
stockholders. In particular, at least one analyst set a price
target of $11.00 per eResearch
share.
If you own common stock in eResearch and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or http://www.zlk.com/eresearchtechnology-ert.
Levi & Korsinsky is a national firm with offices in
New York and Washington D.C.
The firm has extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits.
The attorneys at Levi & Korsinsky have been appointed by
numerous courts throughout the country to serve as lead counsel on
behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to
contact any of the attorneys listed below. Attorney advertising.
Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP
