Cases
Sizmek, Inc. (NASDAQ : SZMK)
Merger
Overview
Overview
- Date:
- 9/19/2016
- Company Name:
- Sizmek, Inc.
- Stock Symbol:
- SZMK
- Class Period:
- FROM 9/15/2016
- Status:
- Closed/Complete
- Court:
- U.S. District Court: District of Western Texas
NEW YORK, September 19, 2016 – Bragar Eagel & Squire, P.C. announces that a class action lawsuit has been filed in the United States District Court for the Texas Western District Court on behalf of all persons or entities who held Sizmek, Inc. (NASDAQ: SZMK) securities on September 15, 2016 (the “Class Period”).
The Complaint alleges that the Board of Directors of Sizmek breached their fiduciary duties by causing a materially incomplete and misleading Recommendation Statement (the “Recommendation Statement”), to be filed with the SEC. The Complaint further alleges that merger consideration Sizmek stockholders will receive in connection with the transaction does not reflect the fair value of Sizmek shares.
If you held Sizmek securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.
The Complaint alleges that the Board of Directors of Sizmek breached their fiduciary duties by causing a materially incomplete and misleading Recommendation Statement (the “Recommendation Statement”), to be filed with the SEC. The Complaint further alleges that merger consideration Sizmek stockholders will receive in connection with the transaction does not reflect the fair value of Sizmek shares.
If you held Sizmek securities during the Class Period, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters please contact Melissa A. Fortunato, Esq. by email at investigations@bespc.com, or telephone at (212) 355-4648, or by filling out the contact form below. There is no cost or obligation to you.