SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces an Investigation of The Board of Directors of Inteliquent, Inc.
05 12월 2016 - 8:05PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Inteliquent, Inc. ("Inteliquent” or "the Company") (Nasdaq: IQNT)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to affiliates
of private equity firm GTCR, LLC. (“GTCR”).
Click here to learn more
http://www.brodskysmith.com/cases/inteliquent-inc-nasdaq-iqnt/, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Inteliquent shareholders
will receive only $23.00 in cash for each share of Inteliquent
stock they own. The investigation concerns whether the Board of
Inteliquent breached their fiduciary duties to shareholders and
whether GTCR is underpaying for the Company. The transaction may
undervalue the Company and would result in no real gain for many
Inteliquent shareholders. For example, Inteliquent stock traded at
$22.52 per share on October 28, 2015 and analyst has set a $24.00
per share price target for Inteliquent stock.
If you own shares of Inteliquent 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/inteliquent-inc-nasdaq-iqnt/, 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/20161205005221/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://www.brodskysmith.com/cases/inteliquent-inc-nasdaq-iqnt/
Inteliquent, Inc. (NASDAQ:IQNT)
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