Brodsky & Smith, LLC Announces Investigation of ExpressJet Holdings, Inc.

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of ExpressJet Holdings, Inc XJT relating to the proposed acquisition by SkyWest, Inc SKYW. Under the terms of the offer, ExpressJet shareholders would receive $6.75 for each share of ExpressJet stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law. The transaction appears to be unfair, in part, given that an analyst placed an $8.00 target on the stock and the mean target was $6.33.