SUBSCRIBE TO TMCnet
TMCnet - World's Largest Communications and Technology Community

TMCNet:  SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of PokerTek, Inc. in Connection with the Sale of the Company

[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 at investorrelations@brodsky-smith.com, 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 similar outcome.


[ Back To Technology News's Homepage ]

OTHER NEWS PROVIDERS







Technology Marketing Corporation

800 Connecticut Ave, 1st Floor East, Norwalk, CT 06854 USA
Ph: 800-243-6002, 203-852-6800
Fx: 203-866-3326

General comments: tmc@tmcnet.com.
Comments about this site: webmaster@tmcnet.com.

STAY CURRENT YOUR WAY

© 2014 Technology Marketing Corporation. All rights reserved.