BALA CYNWYD, Pa., March 3, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of PowerSecure
International, Inc. ("PowerSecure" or "the Company") (NYSE-
POWR-News) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to the Southern Company, LLC. ("Southern").
Click here to learn more about the investigation
http://brodsky-smith.com/1047-powr-powersecure-international-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, PowerSecure shareholders
will receive only $18.75 in cash for
each share of PowerSecure stock they own. The investigation
concerns whether the Board of PowerSecure breached their fiduciary
duties to shareholders and whether Southern is underpaying for the
Company. The transaction may undervalue the Company and would
result in a loss for many PowerSecure shareholders. For example,
PowerSecure stock traded at $25.17
per share on March 12, 2014 and an
analyst has set a $19.00 per share
price target for PowerSecure stock.
If you own shares of PowerSecure 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/1047-powr-powersecure-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