BALA CYNWYD, Pa., Nov.
21, 2013 /PRNewswire/ -- Law office of Brodsky &
Smith, LLC announces that it is investigating potential claims
against the Board of directors of Innotrac Corporation ("Innotrac"
or the "Company") (Nasdaq- INOC) relating to the proposed
acquisition of the Company by an affiliate of Sterling Partners
("Sterling").
Click here to learn more about the investigation
http://brodsky-smith.com/676-inoc-innotrac-corporation.html, or
call 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Innotrac shareholders will
receive only $8.20 in cash for each
share of Innotrac stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Innotrac for not acting in the
Company's shareholders' best interests in connection with the sale
process. In addition, the investigation seeks to determine if
conflicts of interest played a role in the transaction. Following
the completion of the transaction Innotrac's CEO and other members
of management will continue in their management of the Company and
will retain a significant equity position in Innotrac.
If you own shares of Innotrac 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/674-atx-costa-inc.html, by visiting
http://brodsky-smith.com/676-inoc-innotrac-corporation.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