Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of SMART Modular Technologies, Inc. (“SMART” or the “Company”) (Nasdaq: SMOD) relating to the proposed acquisition by Silver Lake Partners and Silver Lake Sumeru (“Silver Lake”).

Under the terms of the transaction, shareholders of SMART will receive $9.25 in cash for each share of SMART stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SMART by not acting in SMART shareholders' best interests in connection with the sale process to Silver Lake. The transaction may undervalue SMART as an analyst placed a target price for SMART stock at $11.00 per share.

If you own shares of SMART 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/283-smod-smart-modular-technologies-inc.html, or by calling toll free 877-LEGAL-90.

Smart Modular (NASDAQ:SMOD)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Smart Modular.
Smart Modular (NASDAQ:SMOD)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Smart Modular.