SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Cellular Dynamics International,...
April 01 2015 - 7:05PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Cellular Dynamics International, Inc. ("Cellular Dynamics” or "the
Company") (Nasdaq: ICEL) for possible breaches of fiduciary duty
and other violations of state law in connection with the sale of
the Company to FUJIFILM Holdings Corporation. (“FUJIFILM”).
Click here to learn more about the investigation
http://brodsky-smith.com/912-icel-cellular-dynamics-international-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Cellular Dynamics
shareholders will receive only $16.50 in cash for each share of
Cellular Dynamics stock they own. The investigation concerns
whether the Board of Cellular Dynamics breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether
FUJIFILM is underpaying for Cellular Dynamics. The transaction may
undervalue Cellular Dynamics given the growth potential of the
Company’s technology platform. The technology platform enables the
production of high-quality fully functioning human cells, including
induced pluripotent stem cells on an industrial scale. In addition,
the transaction will result in a loss for many long term holders of
Cellular Dynamics stock which has traded at $21.49 per share.
If you own shares of Cellular Dynamics 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://brodsky-smith.com/912-icel-cellular-dynamics-international-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 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.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/912-icel-cellular-dynamics-international-inc.html
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