BALA CYNWYD, Pa., May 6, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Perfect World
Co., Ltd. ("Perfect World" or "the Company") (Nasdaq
-PWRD-News) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Perfect Peony Holding Co., a private company incorporated by
Perfect World's founder and Chairman, Michael Yufeng Chi. ("Michael Yufeng Chi").
Click here to learn more about the investigation
http://brodsky-smith.com/931-pwrd-perfect-world-co-ltd.html, or
call: 877-543-2590. There is no cost or obligation to you.
Under the terms of the transaction, Perfect World Class A
shareholders will receive only $4.04
per share, while investors will receive $20.20 for each ADR, equal to five Class B
shares. The investigation concerns whether the Board of
Perfect World breached their fiduciary duties to shareholders
by failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Michael
Yufeng Chi is underpaying for Perfect World. As the Company
is being taken private by its founder and CEO, the investigation
also seeks to determine the role conflicts of interest may have
played in the transaction.
If you own shares of Perfect World 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/931-pwrd-perfect-world-co-ltd.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.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/shareholder-alert-brodsky--smith-llc-announces-investigation-of-the-board-of-directors-of-perfect-world-co-ltd---pwrd-300079158.html
SOURCE Brodsky & Smith, LLC