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Law Office of Brodsky & Smith, LLC Announces Investigation of Vertro, Inc.

^{Published on 2011-10-17 15:05:39 - Market Wire}
 

BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Vertro, Inc. (aVertroa or the aCompanya) (Nasdaq: VTRO) relating to the proposed acquisition by Inuvo, Inc. (aInuvoa).

Under the terms of the transaction Vertro shareholders would receive 1.546 shares of Inuvo common stock for each share Vertro stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Vertro by not acting in the Vertro shareholders' best interests in connection with the sale process to Inuvo. The transaction may undervalue the Company as Vertro stock traded at $5.35 on February 4, 2011 and an analyst has set a price target of $3.00 for Vertro stock. In addition, Vertroa™s President and CEO is expected to be the President and CEO of the combined company.

If you own shares of Vertro 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/342-vtro-vertro-inc.html ], or by calling toll free 877-LEGAL-90.