BALA CYNWYD, Pa., Dec. 11, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Blount
International, Inc. ("Blount" or "the Company") (NYSE- BLT-News)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Capital
Partners, LLC ("Capital Partners").
Click here to learn more about the investigation
http://brodsky-smith.com/1009-blt-blount-international-inc.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction Blount shareholders will
receive only $10.00 in cash for each
share of Blount stock they own. The investigation concerns whether
the Board of Blount breached their fiduciary duties to
shareholders and whether Capital Partners is underpaying for the
Company. The transaction may undervalue Blount and will result in a
loss for many Blount shareholders. For example, Blount stock
traded at $16.53 as recently as
March 10, 2015 and traded at
$17.85 on December 29, 2014.
If you own shares of Blount 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/1009-blt-blount-international-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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SOURCE Brodsky & Smith, LLC