BALA CYNWYD, Pa., Dec. 1, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Synutra
International, Inc. ("Synutra" or "the Company") (Nasdaq:
SYUT-News) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Beams Power Investment Limited. ("Beams").
Click here to learn more
http://www.brodskysmith.com/cases/synutra-international-inc-nasdaq-syut/,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Synutra shareholders will
receive only $6.05 in cash for each
share of Synutra stock they own. The investigation concerns whether
the Board of Synutra breached their fiduciary duties to
shareholders and whether Beam is underpaying for the Company. The
transaction may undervalue the Company and would result in a loss
for many Synutra shareholders. For example, Synutra stock traded at
$7.82 per share on June 11, 2015 and an analyst has set a
$6.74 per share price target on
Synutra stock.
If you own shares of Synutra 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
510, Bala Cynwyd, PA 19004,
by visiting
http://www.brodskysmith.com/cases/synutra-international-inc-nasdaq-syut/,
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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/shareholder-update-brodsky--smith-llc-announces-an-investigation-of-the-board-of-directors-of-synutra-international-inc--syut-300371827.html
SOURCE Brodsky & Smith, LLC