BALA CYNWYD, Pa., Dec. 11, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Food Technology
Service, Inc. ("Food Technology" or the "Company") (Nasdaq –VIFL)
relating to the proposed acquisition by an affiliate of Sterigenics
International LLC. ("Sterigenics").
Click here to learn more about the investigation
http://brodsky-smith.com/680-vifl-food-technology-service-inc.html,
or call 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Food Technology shareholders
will receive only $7.23 in cash for
each share of Food Technology stock they own. The investigation
concerns possible breaches of fiduciary duty and other violations
of state law by the Board of Directors of Food Technology for not
acting in the Company's shareholders' best interests in connection
with the sale process. The investigation seeks to determine if the
Food Technology Board of Directors failed to conduct an adequate
auction process and as a result harmed the Food Technology
shareholders by undervaluing their Company.
If you own shares of Food Technology common stock and wish to
discuss the legal ramifications of the proposed transaction, 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/680-vifl-food-technology-service-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 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
