BALA CYNWYD, Pa. -- (Business Wire)
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Design Within Reach,
Inc. (“DWRI” or the “Company”) (Other OTC: DWRI) relating to the
proposed acquisition by Herman Miller, Inc. (“Herman Miller”).
Click here to learn more about the investigation http://brodsky-smith.com/797-dwri-design-within-reach-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, DWRI shareholders will receive only
approximately $23 in cash for each share of DWRI stock they own. The
investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of DWRI for not acting
in the Company’s shareholders' best interests in connection with the
sale process.
Further, the investigation seeks to determine if conflicts of interest
played a role in the transaction. After the transaction is complete DWRI
CEO and President are expected to continue to lead the business within
Herman Miller. In addition, following the transaction, these executives
will convert their remaining ownership interest in DWRI for an
approximate 8.5% ownership stake within a newly formed Herman Miller
consumer business unit.
If you own shares of DWRI common 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 602, Bala Cynwyd, PA 19004, by e-mail
at investorrelations@brodsky-smith.com,
by visiting http://brodsky-smith.com/797-dwri-design-within-reach-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 case
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 successfully recovered millions of dollars for our clients
and shareholders. Attorney advertising. Prior results do not guarantee a
similar outcome.
Contacts:
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J.
Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/797-dwri-design-within-reach-inc.html
Source: Brodsky & Smith, LLC
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