|[December 11, 2013]
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Trunkbow International Holdings, Ltd.
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Trunkbow
International Holdings, Ltd. ("Trunkbow" or the "Company") (Nasdaq:TBOW)
relating to the proposed acquisition by a company owned by the Chairman
of Trunkbow's Board of Directors and Trunkbow's Chief Executive Officer
Click here to learn more about the investigation http://brodsky-smith.com/682-tbow-trunkbow-international-holdings-ltd.html,
or call 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Trunkbow shareholders will receive
only $1.46 in cash for each share of Trunkbow stock they own. The
investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Trunkbow for not
acting in the Company's shareholders' best interests in connection with
the sale process. The investigation seeks to determine if the Trunkbow
Board of Directors failed to conduct an adequate auction process and as
a result harmed the Trunkbow shareholders by undervaluing their Company.
The transaction will result in a loss or no gain for many long term
Trunkbow shareholders. Trunkbow stock traded above the sale price at
$2.29 per share on January 11, 2012 and traded at $1.46 per share as
recently as February 7, 2013. In addition, Trunkbow has a reported book
value of $2.70 per share for the most recent quarter.
If you own shares of Trunkbow 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 by visiting http://brodsky-smith.com/682-tbow-trunkbow-international-holdings-ltd.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
[ Back To Technology News's Homepage ]