Spark Networks, Inc. Merger Litigation (AMEX: LOV)

Law Office of Brodsky & Smith, LLC Announces Investigation of Spark Networks, Inc.  
 
BALA CYNWYD – (BUSSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Spark Networks, Inc. (“Spark” or the “Company”) (AMEX: LOV – News) relating to the proposed acquisition by Great Hill Partners III, LP. (“Great Hill”) Under the terms of the offer, Spark shareholders would receive cash of $3.10 for each share of Spark stock they own.  
 
The investigation concerns possible breaches of fiduciary duty and other violations of state law. The Company has appointed a special committee of independent directors to consider the proposal by Great Hill. The transaction appears to be unfair, in part, given that Spark stock was trading at $3.38 a share as recently as March 8, 2010 and was trading at $3.04 a share on February 12, 2010  
 
If you own shares of Spark 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 investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90. 

To Join the Spark Networks, Inc. Litigation

  1. Fill out this form





    By clicking on the submit button, I acknowledge that I have downloaded and read both the Merger Class Action Lawsuit Retainer Agreement and Class Representative Rights and Responsibilities documents, and agree to retain Brodsky & Smith, LLC to file an action against Spark Networks, Inc. in connection with this case. Brodsky & Smith, LLC will prosecute the action on a contingent fee basis and will advance all costs and expenses.

  2. View Complaint

    The complaint is unavailable at this time

    Join Other Cases

    Frequently Asked Questions

     


Website design, management and hosting by LegalGraphicArts.com