BALA CYNWYD, Pa., Jan. 26, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Pulaski
Financial Corp. ("Pulaski" or "the
Company") (Nasdaq- PULB-News) for possible breaches of fiduciary
duty and other violations of state law in connection with the sale
of the Company to First Busey Corporation ("First Busey").
Click here to learn more about the investigation
http://brodsky-smith.com/1027-pulb-pulaski-financial-corp.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Pulaski shareholders will receive only 0.79 of
a share of First Busey common stock for each share of Pulaski stock they own. The investigation
concerns whether the Board of Pulaski breached their
fiduciary duties to shareholders and whether First Busey is
underpaying for the Company. The transaction may undervalue the
Company and would result in no real gain for many Pulaski shareholders. For example,
Pulaski stock traded at
$17.01 per share as recently as
December 3, 2015 and a analyst has
set a $19.50 per share price target
for Pulaski stock.
If you own shares of Pulaski 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 510, Bala
Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1027-pulb-pulaski-financial-corp.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 class 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 have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC