|[August 15, 2014]
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Pike Corporation in Connection with the Sale of the Company
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Pike Corporation
("Pike" or the "Company") (NYSE: PIKE) relating to the proposed
acquisition by Square Capital Partners ("Square").
Click here to learn more about the investigation http://brodsky-smith.com/804-pike-pike-corporation.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Pike shareholders will receive only
$12.00 in cash for each share of Pike stock they own. The investigation
concerns possible breaches of fiduciary duty and oter violations of
state law by the Board of Directors of Pike for not acting in the
Company's shareholders' best interests in connection with the sale
process. The transaction may undervalue Pike and represents a loss or no
real gain for many long-term Pike shareholders. For example, on May 3,
2013, shares of Pike traded at $15.68 per share and an analyst has set a
price target of $13.00 per share for Pike stock.
If you own shares of Pike 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
by visiting http://brodsky-smith.com/804-pike-pike-corporation.html,
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
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