Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Polycom, Inc.
("Polycom” or "the Company") (Nasdaq: PLCM) for possible breaches of
fiduciary duty and other violations of state law in connection with the
sale of the Company to Mitel Networks Corporation. (“Mitel Networks”).
Click here to learn more about the investigation http://brodsky-smith.com/1061-plcm-polycom-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Polycom shareholders will receive
only $3.12 in cash and 1.31 shares of Mitel Networks stock for each
share of Polycom stock they own. The transaction values Polycom stock at
only approximately $13.68 per share. The investigation concerns whether
the Board of Polycom breached their fiduciary duties to shareholders and
whether Mitel Networks is underpaying for the Company. The transaction
may undervalue the Company and would result in no real gain or a loss
for many Polycom shareholders. For example, Polycom stock traded at
$14.04 per share on October 28, 2015 and an analyst has set a $15.00 per
share price target for Polycom stock.
If you own shares of Polycom 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/1061-plcm-polycom-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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