BALA CYNWYD, Pa.,
Nov. 11, 2016 /PRNewswire/ -- Law
office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
TubeMogul, Inc. ("TubeMogul" or "the Company") (Nasdaq- TUBE-News)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Adobe
Systems Incorporated. ("Adobe").
Click here to learn more
http://www.brodskysmith.com/cases/tubemogul-inc-nasdaq-tube/, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, TubeMogul shareholders will
receive only $14.00 in cash for each
share of TubeMogul stock they own. The investigation concerns
whether the Board of TubeMogul breached their fiduciary duties to
shareholders and whether Adobe is underpaying for the Company. The
transaction may undervalue the Company and would result in a loss
for many TubeMogul shareholders. For example, TubeMogul stock
traded at $17.94 per share on
February 26, 2015 and an analyst has
set a $17.00 per share price target
for TubeMogul stock.
If you own shares of TubeMogul 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/tubemogul-inc-nasdaq-tube/, 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