SeaCube Container Leasing Ltd. Merger Litigation (NYSE: BOX)
Law Office of Brodsky & Smith, LLC Announces Investigation of SeaCube Container Leasing Ltd.
BALA CYNWYD, January 22, 2013/PR Newswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of SeaCube Container Leasing Ltd. (“SeaCube” or the “Company”) (NYSE- BOX-News) relating to the proposed acquisition by Ontario Teachers’ Pension Plan. (“Ontario”).
Under the terms of the transaction, SeaCube shareholders will receive only $23.00 in cash for each share of SeaCube stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SeaCube for not acting in the Company’s shareholders' best interests in connection with the sale process to Ontario. The transaction may undervalue the Company as an analyst has set price target for SeaCube stock at $24.00 per share.
If you own shares of SeaCube 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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