P.F. Chang's China Bistro : Law Office of Brodsky & Smith, LLC Announces Investigation of P.F. Chang's China Bistro, Inc.
05/10/2012| 11:40am US/Eastern
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Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of P.F. Chang's China
Bistro, Inc. ("P.F. Chang's" or the "Company") (Nasdaq: PFCB) relating
to the proposed acquisition by Centerbridge Partners, L.P.
("Centerbridge").
Under the terms of the transaction, P.F. Chang's shareholders would
receive only $51.50 in cash for each share of P.F. Chang's stock they
own. The investigation concerns possible breaches of fiduciary duty and
other violations of state law by the Board of Directors of P.F. Chang's
for not acting in the Company's shareholders' best interests in
connection with the sale process to Centerbridge. The transaction may
result in long term holders of P.F. Chang's stock suffering substantial
losses.
If you own shares of P.F. Chang's 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
visiting http://brodsky-smith.com/420-pfcb-pf-changs-china-bistro-inc.html,
or by calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J.
Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/420-pfcb-pf-changs-china-bistro-inc.html
© Business Wire 2012
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