SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Move, Inc. in Connection with the Sale of the Company
08 Novembro 2014 - 12:15PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Move, Inc. (“Move” or the “Company”) (Nasdaq: MOVE) relating to the
proposed acquisition by News Corporation (“News Corp”).
Click here to learn more about the investigation
http://brodsky-smith.com/829-move-move-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Move shareholders will
receive only $21.00 in cash for each share of Move common stock
they own. The investigation concerns possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of
Move for not acting in the Company’s shareholders' best interests
in connection with the sale process. The transaction may undervalue
Move as the Company is an online real estate platform whose sites
include realtor.com and is positioned to successfully compete with
Zillow. In addition, an analyst has set a price target for Move
stock of $23.00 per share.
If you own shares of Move 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
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/829-move-move-inc.html, 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.comhttp://brodsky-smith.com/829-move-move-inc.html
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