BALA CYNWYD, Pa., May 23, 2014 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of DIRECTV
("DIRECTV" or the "Company") (Nasdaq: DTV) relating to the proposed
acquisition by AT&T, Inc. ("AT&T").
Click here to learn more about the investigation
http://brodsky-smith.com/762-dtv-directv.html, or call
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, DIRECTV shareholders will
receive only $28.50 in cash and 1.905
shares of AT&T for each share of DIRECTV stock they own. The
investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of DIRECTV
for not acting in the Company's shareholders' best interests in
connection with the sale process. The transaction may undervalue
DIRECTV as an analyst has set a $100
per share price target on the Company.
If you own shares of DIRECTV common 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 602, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/762-dtv-directv.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 case 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 successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC