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SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of Leaf Group Ltd. (NYSE - LEAF)

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BALA CYNWYD, PA / ACCESSWIRE / April 5, 2021 / Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors ofLeaf Group Ltd. ("Leaf Group" or the "Company") (NYSE:LEAF) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by South Dearborn Limited, an investment vehicle established by Graham Holdings Company (NYSE - GHC) ("Graham Holdings"). Under the terms of the merger agreement, Leaf Group stockholders will receive only $8.50 per share in cash for each Leaf Group share they own.

The investigation concerns whether the Leaf Group Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Graham Holdings is paying too little for the Company. For example, the wall street analyst 12-month average price target for the Company is $9.25.

If you own shares of Leaf Group 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 805, Bala Cynwyd, PA 19004, visit https://www.brodskysmith.com/cases/leaf-group-ltd-nyse-leaf/, or call toll free 855-576-4847.

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.

SOURCE: Brodsky & Smith, LLC



View source version on accesswire.com:
https://www.accesswire.com/638985/SHAREHOLDER-NOTICE-Brodsky-Smith-LLC-Announces-an-Investigation-of-Leaf-Group-Ltd-NYSE--LEAF

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