The Law Offices of Howard G. Smith is investigating whether the Board of Directors of infoGROUP, Inc. (NASDAQ: IUSA) breached its fiduciary duty to its shareholders in agreeing to sell the Company to CCMP Capital Advisors, LLC in a deal whereby infoGROUP shareholders will receive $8.00 for each share that they own.
The Law Offices of Howard G. Smith believes that the deal is suspicious because it appears from a review of the Company's financial statements that the inherent value of the Company's stock is greater than $8.00 per share, because the price represents a very small premium, because the shares sold for more than $8.00 per share recently, and also because at least one analyst has set a target price for the stock at $10.00.
If you own shares of infoGROUP, Inc. (NASDAQ: IUSA) and wish to protect your investment you may join the lawsuit by submitting your information online or call the Law Offices of Howard G. Smith and speak to Mr. Smith directly regarding how he can help you.
Case Summary
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retain the Law Offices of Howard G. Smith in an action against the Company based on the Case Summary. I also acknowledge that I have read and agree to the Representation Agreement.