ERT Eresearch Technology Inc. (MM)

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of eResearch Technology, Inc. (“eResearch” or the “Company”) (NASDAQ: ERT) for potential breaches of fiduciary duties in connection with their conduct related to the sale of the Company to affiliates of Genstar Capital LLC, a leading middle market private equity firm, in an all-cash transaction valued at about $400 million. Under the terms of the proposed transaction, eResearch shareholders will receive $8.00 in cash per each share of eResearch common stock they own, while according to Yahoo! Finance, at least one financial analyst has set a price target of $9.00 for eResearch.

Request more information now by clicking here: www.faruqilaw.com/ERT. There is no cost or obligation to you.

Whether eResearch’s Board of Directors breached their fiduciary duties to the Company’s stockholders by failing to conduct an adequate and fair sales process prior to agreeing to this proposed transaction, whether the proposed transaction undervalues eResearch’s shares and by how much this proposed transaction undervalues the Company to the detriment of eResearch shareholders are the key focus of this investigation.

Faruqi & Faruqi, LLP is a national law firm which represents investors and individuals in class action litigation. The firm is focused on providing exemplary legal services in complex litigation in the areas of securities, shareholder, antitrust and consumer litigation, throughout all phases of litigation. The firm has an experienced trial team which has achieved significant victories on behalf of the firm’s clients.

If you own common stock in eResearch and wish to obtain additional information and protect your investment free of charge, please visit us at www.faruqilaw.com/ERT or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

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Eresearch Technology Inc. (MM) (NASDAQ:ERT)
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Eresearch Technology Inc. (MM) (NASDAQ:ERT)
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