Law Office of Brodsky & Smith, LLC Announces Investigation of Artio Global Investors, Inc.
16 Février 2013 - 3:00PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Artio Global Investors, Inc. (“Artio Global” or the “Company”)
(NYSE: ART) relating to the proposed acquisition by Aberdeen Asset
Management PLC (“Aberdeen”).
Under the terms of the transaction, Artio Global shareholders
will receive only $2.75 in cash for each share of Artio Global
stock they own. The investigation concerns possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Artio Global for not acting in the Company’s
shareholders' best interests in connection with the sale process to
Aberdeen. The transaction may undervalue the Company and will
result in a loss for many long term shareholders. For example Artio
Global stock traded at $3.54 as recently as July 2, 2012 and $17.82
on April 12, 2011.
If you own shares of Artio Global 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/542-art-artio-global-investors-inc.html,
by calling toll free 877-LEGAL-90.
Artio Global Investors Inc. Artio Global Investors Inc. (NYSE:ART)
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