Market Overview

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


Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Adept Technology, Inc. ("Adept" or "the Company") (Nasdaq: ADEP) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to OMRON Corporation ("OMRON").

Click here to learn more about the investigation, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Adept shareholders will receive only $13.00 in cash for each share of Adept stock they own. The investigation concerns whether the Board of Adept breached their fiduciary duties to shareholders and whether OMRON is underpaying for Adept. The transaction may undervalue Adept and will result in a loss for many Adept shareholders. Adept is a world leader in robotics with annual sales of $54.2 million and gross margins of 42% for the fiscal year ended June 30, 2015. In addition, Adept stock traded at $21.45 per share as recently as March 20, 2014 and Adept's CEO will continue to lead the Company following the transaction.

If you own shares of Adept 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, 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.

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire

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