Lender Processing Services, Inc. Merger Litigation (NYSE: LPS)
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Lender Processing Services, Inc. - LPS
BALA CYNWYD, May 28, 2013 /PRNewswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Lender Processing Services, Inc. (“Lender Processing” or the “Company”) (NYSE- LPS -News) relating to the proposed acquisition by Fidelity National Financial Inc.
Under the terms of the transaction, Lender Processing shareholders will receive cash and stock valued at only $33.25 in cash for each share of Lender Processing stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Lender Processing for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may undervalue the Company as an analyst has set a $36.00 per share price target on Lender Processing stock.
If you own shares of Lender Processing common 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 email@example.com, 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 case 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 successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.
To Join the Lender Processing Services, Inc. Litigation
Fill out this form
The complaint is unavailable at this time