SHAREHOLDER NOTICE: Brodsky & Smith, LLC Reminds Investors of Investigations Related to the Following Companies: LOGM, CRCM, CBB
BALA CYNWYD, PA / ACCESSWIRE / January 9, 2020 / Brodsky & Smith, LLC reminds investors of investigations it is conducting regarding the following companies for possible breaches of fiduciary duty and other violations of federal and state law with respect to proposed acquisition transactions. If you own shares of any of the below-referenced stocks 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 Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or by calling toll free at 877-534-2590. There is no cost or financial obligation to you.
LOGMEIN, INC. (NasdaqGS:LOGM)
Under the terms of the agreement, LogMeIn shareholders will receive only $86.05 for each share of LogMeIn common stock owned. The investigation concerns whether the LogMeIn Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Francisco Partners and Evergreen Coast Capital Corporation are underpaying for the Company. For example, the deal consideration is significantly below the Company's 52-week high of $96.87.
Additional information can be found at, http://www.brodskysmith.com/cases/logmein-inc-nasdaqgs-logm/, or call 877-534-2590. No cost or obligation to you.
CARE.COM, INC. (Nasdaq:CRCM)
Under the terms of the agreement, Care.com shareholders will receive only $15.00 for each share of Care.com common stock owned. The investigation concerns whether the Care.com Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether IAC/InterActiveCorp. (NASDAQ: IAC) is underpaying for the Company. For example, the deal consideration is significantly below the Company's 52-week high of $25.81.
Additional information can be found at http://www.brodskysmith.com/cases/care-com-inc-nasdaq-crcm/, or call 877-534-2590. No cost or obligation to you.
CINCINNATI BELL, INC. (NYSE:CBB)
Under the terms of the agreement, Cincinnati Bell shareholders will receive only $10.50 for each share of Cincinnati Bell common stock owned. The investigation concerns whether the Cincinnati Bell Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Brookfield Infrastructure is underpaying for the Company. For example, the deal consideration is below the Company's 52-week high of $11.00.
Additional information can be found at http://www.brodskysmith.com/cases/cincinnati-bell-inc-nyse-cbb/, or call 877-534-2590. No cost or obligation to you.
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.
CONTACT:
Brodsky & Smith, LLC
Jason L. Brodsky, Esq.
Marc L. Ackerman, Esq.
877-534-2590
SOURCE: Brodsky & Smith, LLC
ReleaseID: 572646