SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Planar Systems, Inc.

BALA CYNWYD, Pa.--(BUSINESS WIRE)--

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Planar Systems, Inc. ("Planar" or "the Company") PLNR for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Leyard Optoelectronic Co., Ltd. ("Leyard").

Click here to learn more about the investigation http://brodsky-smith.com/971-plnr-planar-systems-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Planar shareholders will receive only $6.58 in cash for each share of Planar stock they own. The investigation concerns whether the Board of Planar breached their fiduciary duties to shareholders and whether Leyard is underpaying for Planar. The transaction may undervalue Planar and will result in a loss or no real gain for many Planar shareholders. For example, Planar stock traded at $8.68 as recently as December 29, 2014 and an analyst has set a price target for Planar stock at $7.50 per share.

If you own shares of Planar 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/971-plnr-planar-systems-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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