BALA CYNWYD, PA / ACCESSWIRE / February 5, 2020 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Telaria, Inc. ("Telaria" or the "Company") (NYSE:TLRA) for possible breaches of fiduciary duty and other violations of federal and state law in connection with proposed acquisition of the Company by The Rubicon Project ("Rubicon") (NYSE:RUBI). Under the terms of the agreement, Telaria shareholders will receive only 1.082 shares of Rubicon common stock for each share of Telaria stock that they hold.
The investigation concerns whether the Telaria Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Rubicon is underpaying for the Company. For example, Telaria was trading above the original implied deal price as of September 2019. Additionally, at least one analyst following Telaria has set a target price of $14.00 a share.
If you own shares of Telaria 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 Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://www.brodskysmith.com/cases/telaria-inc-nyse-tlra/, or calling toll free 877-534-2590.
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.
CONTACT:
Marc Ackerman
T: 610-667-6200
E: [email protected]
SOURCE: Brodsky & Smith, LLC