Harris Interactive, Inc. Merger Litigation (Nasdaq: HPOL)
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Harris Interactive, Inc. - HPOL
BALA CYNWYD, November 25, 2013 /PR Newswire/ –Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Harris Interactive, Inc. (“Harris” or the “Company”) (Nasdaq –HPOL-News) relating to the proposed acquisition by Nielsen Holdings N.V. (“Nielsen”).
Under the terms of the transaction, Harris shareholders will receive only $2.00 in cash for each share of Harris stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Harris for not acting in the Company’s shareholders' best interests in connection with the sale process. The investigation seeks to determine if the Harris Board of Directors failed to conduct an adequate auction process and as a result harmed the Harris shareholders by undervaluing their Company. Harris stock has recently traded above the sale price as Harris stock traded at $2.12 per share as recently as November 14, 2013 and traded at $2.19 per share on August 22, 2013.
If you own shares of Harris 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 firstname.lastname@example.org, 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.
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