SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of DIRECTV in
Connection with the Sale of the Company - DTV
BALA CYNWYD, Pa., May 23, 2014
BALA CYNWYD, Pa., May 23, 2014 /PRNewswire/ --Law office of Brodsky & Smith,
LLC announces that it is investigating potential claims against the Board of
Directors of DIRECTV ("DIRECTV" or the "Company") (Nasdaq: DTV) relating to
the proposed acquisition by AT&T, Inc. ("AT&T").
Click here to learn more about the investigation
http://brodsky-smith.com/762-dtv-directv.html, or call 877-534-2590. There is
no cost or obligation to you.
Under the terms of the transaction, DIRECTV shareholders will receive only
$28.50 in cash and 1.905 shares of AT&T for each share of DIRECTV stock they
own. The investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of DIRECTV for not acting in
the Company's shareholders' best interests in connection with the sale
process. The transaction may undervalue DIRECTV as an analyst has set a $100
per share price target on the Company.
If you own shares of DIRECTV 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 602, Bala Cynwyd, PA 19004, by e-mail at
email@example.com, by visiting
http://brodsky-smith.com/762-dtv-directv.html, or calling toll free
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.
SOURCE Brodsky & Smith, LLC
Press spacebar to pause and continue. Press esc to stop.