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Law Office of Brodsky & Smith, LLC Announces Investigation of SMART Modular Technologies, Inc.

  //science-technology.news-articles.net/content/2 .. stigation-of-smart-modular-technologies-inc.html
  Published in Science and Technology on Friday, April 29th 2011 at 21:01 GMT by Market Wire
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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of SMART Modular Technologies, Inc. (aSMARTa or the aCompanya) (Nasdaq: SMOD) relating to the proposed acquisition by Silver Lake Partners and Silver Lake Sumeru (aSilver Lakea).

Under the terms of the transaction, shareholders of SMART will receive $9.25 in cash for each share of SMART stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SMART by not acting in SMART shareholders' best interests in connection with the sale process to Silver Lake. The transaction may undervalue SMART as an analyst placed a target price for SMART stock at $11.00 per share.

If you own shares of SMART 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/283-smod-smart-modular-technologies-inc.html ], or by calling toll free 877-LEGAL-90.