Superclick, Inc. Merger Litigation (OTB: SPCK.ob)
Law Office of Brodsky & Smith, LLC Announces Investigation of Superclick, Inc.
BALA CYNWYD – (BUSINESS WIRE) Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Superclick, Inc. (“Superclick” or the “Company”) (OTC – SPCK.ob- News) relating to the proposed acquisition by SC Acquisition Co., a subsidiary of AT&T Corp. (“AT&T”).
Under the terms of the proposed transaction Superclick shareholders would receive $0.268 in cash for each share Superclick stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Superclick for not acting in the Company’s shareholders' best interests in connection with the sale process to AT&T. Superclick stock has traded at $0.25 as recently as September 19, 2011.
If you own shares of Superclick 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 investorrelations@brodsky-smith.com, or by calling toll free 877-LEGAL-90.
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