SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Proposed Buyout of Schawk, Inc.
25 Mars 2014 - 2:35AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Schawk, Inc. (“Schawk” or the “Company”) (NYSE:SGK) relating to the
proposed acquisition by Matthews International Corporation
(“Matthews”).
Click here for more information about the investigation
http://brodsky-smith.com/731-sgk-schawk-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Schawk shareholders will
receive only $11.80 in cash and 0.20582 shares of Matthews common
stock for each share of Schawk stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations
of state law by the Board of Directors of Schawk for not acting in
the Company’s shareholders’ best interests in connection with the
sale process. The Schawk family and their family trusts own
approximately 61% of the common stock of the Company. In addition,
following the transaction, Schawk’s CEO is expected to remain with
the Company and have a seat on the Board. This calls into question
if the minority shareholders of Schawk are being treated
fairly.
If you own shares of Schawk common 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, 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 case 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, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.com
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