Tech Data Corporation Securities Litigation (Nasdaq: TECD)
SHAREHOLDER DEADLINE: Brodsky & Smith, LLC Announces investigation of Tech Data Corporation - TECD
BALA CYNWYD, June 17, 2014 /PR Newswire/ –Law office of Brodsky & Smith, LLC announces that is investigating potential claims against certain officers and directors of Tech Data Corporation (“Tech Data” or the “Company”) (Nasdaq –TECD-News).
On March 21, 2013, Tech Data announced that planned to restate its audited financial statements from the fiscal years 2011 through the present, and that investors should no longer rely upon the financial statements issued during that time period.
Just prior to the disclosure, Tech Data’s CEO sold a significant portion of his personally held stock for gross proceeds of over $2 million. The investigation seeks to determine whether the Tech Data board of directors breached its fiduciary duties to shareholders, mismanaged the Company, and violated state or federal laws resulting in losses for Tech Data shareholders and the Company.
If you own shares of Tech Data common stock and wish to discuss the legal ramifications of the investigation, 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.
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Fax or Email the signed retention agreement to us at 610-667-9029 or firstname.lastname@example.org, and mail an original to us at the following address:
Evan J. Smith, Esquire
Brodsky & Smith, LLC
Two Bala Plaza, Suite 510
Bala Cynwyd, PA 19004
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