BALA CYNWYD, Pa., Jan. 4, 2017 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Calamos Asset
Management, Inc. ("CLMS" or "the Company") (Nasdaq: CLMS) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to an entity owned
by founder John Calamos.
("John Calamos").
Click here to learn more
http://www.brodskysmith.com/cases/calamos-asset-management-inc-nasdaq-clms/,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, CLMS shareholders will
receive only $8.25 in cash for each
share of CLMS stock they own. The investigation concerns whether
the Board of CLMS breached their fiduciary duties to
shareholders and whether John
Calamos is underpaying for the Company in this going private
transaction. The transaction may undervalue the Company and would
result in a loss for many CLMS shareholders. For example, shares of
CLMS stock traded at $12.84 per share
on June 22, 2015 and the price being
paid by John Calamos is below an
analyst price per share estimate.
If you own shares of CLMS 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
510, Bala Cynwyd, PA 19004,
by visiting
http://www.brodskysmith.com/cases/calamos-asset-management-inc-nasdaq-clms/,
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 class 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 have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
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SOURCE Brodsky & Smith, LLC