BALA CYNWYD, Pa., Oct. 21, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Everyday Health,
Inc. ("Everyday Health" or "the Company") (NYSE: EVDY) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Ziff Davis LLC.
("Ziff").
Click here to learn more about the investigation
http://brodsky-smith.com/1124-evdy-everyday-health-inc.html, or
call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Everyday Health shareholders
will receive only $10.50 in cash for
each share of Everyday Health stock they own. The investigation
concerns whether the Board of Everyday Health breached their
fiduciary duties to shareholders and whether Ziff is underpaying
for the Company. The transaction may undervalue the Company and
would result in a loss for many long-term Everyday Health
shareholders. For example, Everyday Health stock traded at
$18.94 on June
30, 2014 and an analyst has set a $17.00 per share price target for Everyday Health
stock.
If you own shares of Everyday Health 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/1124-evdy-everyday-health-inc.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