BALA CYNWYD, Pa., June 23, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Martha Stewart
Living Omnimedia, Inc. ("Martha
Stewart" or "the Company") (NYSE -MSO-News) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Sequential Brands Group,
Inc. ("Sequential Brands").
Click here to learn more about the investigation
http://brodsky-smith.com/957-mso-martha-stewart.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Martha Stewart shareholders will receive either
cash or stock consideration equivalent equal to $6.15 for each Martha
Stewart share they own. The investigation concerns whether
the Board of Martha Stewart breached their fiduciary duties
to shareholders and whether Sequential Brands is underpaying for
Martha Stewart. The transaction may
undervalue Martha Stewart and will
result in a loss or no real gain for many Martha Stewart shareholders. For example,
Martha Stewart stock traded at
$6.69 per share as recently as
April 2, 2015 and an analyst has set
a $7.18 per share price target for
Martha Stewart
stock.
If you own shares of Martha
Stewart 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/957-mso-martha-stewart.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.
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SOURCE Brodsky & Smith, LLC
