Epoch Holding Corp. Merger Litigation (Nasdaq: EPHC)
Law Office of Brodsky & Smith, LLC Announces Investigation of Epoch Holding Corp.
BALA CYNWYD, December 6, 2012/PR Newswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Epoch Holding Corp. (“Epoch” or the “Company”) (Nasdaq- EPHC-News) relating to the proposed acquisition by TD Bank Group (“TD Bank”).
Under the terms of the transaction, Epoch shareholders will receive only $28.00 in cash for each share of Epoch stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Epoch for not acting in the Company’s shareholders' best interests in connection with the sale process to TD Bank. The transaction may undervalue the Company and will not result in a substantial gain for many Epoch shareholders. For example Epoch stock traded at $27.80 as recently as April 27, 2012 and an analyst has set a $33.50 per share price target for Epoch stock.
If you own shares of Epoch stock and wish to discuss the legal ramifications of the proposed transaction, 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 602, Bala Cynwyd, PA 19004, by e-mail at firstname.lastname@example.org by calling toll free 877-LEGAL-90.
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