|[February 15, 2013]
Law Offices of Howard G. Smith Announces Investigation of Artio Global Investors Inc.
BENSALEM, Pa. --(Business Wire)--
Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of Artio Global
Investors Inc. ("Artio" or the "Company") (NYSE:ART) related to the
proposed acquisition of the Company by Aberdeen (News - Alert) Asset Management. The
transaction is valued at approximately $175 million or $2.75 per share.
This investigation concerns whether the Board of Directors of Artio
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Cmpany has disclosed all material information to
shareholders about the transaction. The Company has seen substantial
recent growth. Its share price has skyrocketed from $1.78 on November
21, 2012 to $2.14 on February 11, 2013.
If you are a shareholder of Artio, if you have information or would like
to learn more about our investigation, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
Toll Free at (888) 638-4847, or by email to firstname.lastname@example.org,
or visit our website at http://www.howardsmithlaw.com.
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