BALA CYNWYD, Pa., May 15, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Quality
Distribution, Inc. ("Quality" or "the Company") (Nasdaq -QLTY-News)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to
funds advised by Apax Partners. ("Apax").
Click here to learn more about the investigation
http://brodsky-smith.com/934-qlty-quality-distribution-inc.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Quality shareholders will
receive only $16.00 in cash for each
share of Quality stock they own. The investigation concerns whether
the Board of Quality breached their fiduciary duties to
shareholders and whether Apax is underpaying for Quality. The
transaction may undervalue Quality as the price being paid to
Quality shareholders may be below the premium paid in similar
transactions. In addition, an analyst has placed a $18.00 per share price target on Quality
stock.
If you own shares of Quality 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/934-qlty-quality-distribution-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 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