SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of UTi Worldwide, Inc.
14 Octubre 2015 - 8:48PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
UTi Worldwide, Inc. ("UTi Worldwide” or "the Company") (Nasdaq:
UTIW) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Danish
transport Company DSV (“DSV”).
Click here to learn more about the investigation
http://brodsky-smith.com/987-utiw-uti-worldwide-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, UTi Worldwide shareholders
will receive only $7.10 in cash for each share of UTi Worldwide
stock they own. The investigation concerns whether the Board of UTi
Worldwide breached their fiduciary duties to shareholders and
whether DSV is underpaying for UTi Worldwide. The transaction may
undervalue UTi Worldwide and will result in a loss for many UTi
Worldwide shareholders. For example, UTi Worldwide stock traded at
$17.57 per share as recently as January 22, 2014 and an analyst has
set a price target on UTi Worldwide stock at $14.00 per share.
If you own shares of UTi Worldwide 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://brodsky-smith.com/987-utiw-uti-worldwide-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 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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version on businesswire.com: http://www.businesswire.com/news/home/20151014006684/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/987-utiw-uti-worldwide-inc.html
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