BALA CYNWYD, Pa., Jan. 13, 2015 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Peerless Systems
Corp. ("Peerless" or "the Company") (Nasdaq- PRLS-News ) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Mobius
Acquisition, LLC. ("Mobius").
Click here to learn more about the investigation
http://brodsky-smith.com/875-prls-peerless-systems-corp.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Peerless Systems
shareholders will receive $7.00 in
cash for each share of Peerless stock they own. The
investigation concerns whether the Board of Peerless breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Mobius is underpaying for Peerless shares.
If you own shares of Peerless common 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 e-mail
at investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/875-prls-peerless-systems-corp.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