BALA CYNWYD, Pa. -- (Business Wire)

Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of C&D Technologies, Inc. (“C&D” or the “Company”) (OTC: CHHP) relating to the proposed acquisition by an affiliate of Angelo, Gordon & Co.

Under the terms of the offer C&D shareholders would receive $9.75 in cash for each share of C&D stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of C&D for not acting in the Company’s shareholders’ best interests in connection with the sale process. The transaction may undervalue the Company as C&D stock traded at $9.80 as recently as January 18, 2011 and traded at $12.95 on October 4, 2010.

If you own shares of C&D stock and wish to discuss the legal ramifications of the proposed transaction, 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, visiting http://brodsky-smith.com/334-chhp.ob-cd-technologies-inc.html, or by calling toll free 877-LEGAL-90.

Contacts:

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
or
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/334-chhp.ob-cd-technologies-inc.html

Source: Brodsky & Smith, LLC