|[May 01, 2014]
SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of PokerTek, Inc. 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 PokerTek, Inc.
("PokerTek" or the "Company") (Nasdaq: PTEK) relating to the proposed
acquisition by Multimedia Games Holding Company, Inc. ("Multimedia").
Click here to learn more about the investigation http://brodsky-smith.com/754-ptek-pokertec-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, PokerTek shareholders will receive
only $1.35 in cash for each share of PokerTek stock they own. The
investigation concerns possible breaches o fiduciary duty and other
violations of state law by the Board of Directors of PokerTek for not
acting in the Company's shareholders' best interests in connection with
the sale process. The transaction may undervalue PokerTek and represents
a loss or no real gain for many long term PokerTek shareholders. For
example, PokerTek stock traded at $1.62 per share on January 2, 2013 and
traded at $1.60 per share on March 6, 2013.
If you own shares of PokerTek 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/754-ptek-pokertec-inc.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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