BALA CYNWYD, Pa.--(BUSINESS WIRE)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of UTi Worldwide, Inc.
("UTi Worldwide" or "the Company") (Nasdaq: UTIW) for possible breaches
of fiduciary duty and other violations of state law in connection with
the sale of the Company to Danish transport Company DSV ("DSV").
Click here to learn more about the investigation http://brodsky-smith.com/987-utiw-uti-worldwide-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, UTi Worldwide shareholders will
receive only $7.10 in cash for each share of UTi Worldwide stock they
own. The investigation concerns whether the Board of UTi Worldwide
breached their fiduciary duties to shareholders and whether DSV is
underpaying for UTi Worldwide. The transaction may undervalue UTi
Worldwide and will result in a loss for many UTi Worldwide shareholders.
For example, UTi Worldwide stock traded at $17.57 per share as recently
as January 22, 2014 and an analyst has set a price target on UTi
Worldwide stock at $14.00 per share.
If you own shares of UTi Worldwide stock 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/987-utiw-uti-worldwide-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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