WILMINGTON, Del., Oct. 22, 2015 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of SmartPros Ltd. (NasdaqCM:
SPRO)?
- Did you purchase any of your shares prior to October 22, 2015?
- Do you think the proposed buyout value is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of SmartPros
Ltd. ("SmartPros" or the "Company") (NasdaqCM: SPRO) regarding
possible breaches of fiduciary duties and other violations of law
related to the Company's entry into an agreement to be acquired by
Kaplan, Inc. ("Kaplan"), a subsidiary of Graham Holdings ("Graham")
(NYSE: GHC), in a transaction valued at approximately $16.9 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/smartpros-spro.
Under the terms of the agreement, shareholders of SmartPros will
receive $3.57 in cash for each share
of SmartPros common stock owned.
The investigation concerns whether SmartPros's board of
directors failed to adequately shop the Company and obtain the best
possible value for SmartPros's shareholders before entering into
the agreement with Kaplan.
If you own the common stock of SmartPros and purchased your
shares before October 22, 2015, if
you have information or would like to learn more about these
claims, or if you wish to discuss these matters or have any
questions concerning this announcement or your rights or interests
with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington,
DE 19803, by telephone at (888) 969-4242; by e-mail at
info@rl-legal.com; or
at: http://www.rigrodskylong.com/investigations/smartpros-spro.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation, and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
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SOURCE Rigrodsky & Long, P.A.