Sourcefire, Inc. Merger Litigation
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Sourcefire, Inc. - FIRE
BALA CYNWYD, July 25, 2013 /PRNewswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Sourcefire, Inc. (“Sourcefire” or the “Company”) (Nasdaq- FIRE -News) relating to the proposed acquisition Cisco Systems, Inc. (“Cisco”).
Under the terms of the transaction, Sourcefire shareholders will receive only $76.00 in cash for each share of Sourcefire stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Sourcefire for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may undervalue the Company and the investigation seeks to determine if conflicts of interest played a role as Sourcefire’s employees will join Cisco following the transaction.
If you own shares of Sourcefire 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 Sourcefire, Inc. Litigation
Fill out this form
The complaint is unavailable at this time