SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Perfect World Co., Ltd. - PWRD

BALA CYNWYD, Pa., May 6, 2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Perfect World Co., Ltd.  ("Perfect World" or "the Company") (Nasdaq -PWRD-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Perfect Peony Holding Co., a private company incorporated by Perfect World's founder and Chairman, Michael Yufeng Chi.  ("Michael Yufeng Chi").

Click here to learn more about the investigation http://brodsky-smith.com/931-pwrd-perfect-world-co-ltd.html, or call: 877-543-2590. There is no cost or obligation to you.

Under the terms of the transaction, Perfect World Class A shareholders will receive only $4.04 per share, while investors will receive $20.20 for each ADR, equal to five Class B shares.  The investigation concerns whether the Board of  Perfect World breached their fiduciary duties to shareholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Michael Yufeng Chi is underpaying for Perfect World. As the Company is being taken private by its founder and CEO, the investigation also seeks to determine the role conflicts of interest may have played in the transaction.

If you own shares of Perfect World 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 510, Bala Cynwyd, PA  19004, by visiting http://brodsky-smith.com/931-pwrd-perfect-world-co-ltd.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 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.

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/shareholder-alert-brodsky--smith-llc-announces-investigation-of-the-board-of-directors-of-perfect-world-co-ltd---pwrd-300079158.html

SOURCE Brodsky & Smith, LLC

Copyright 2015 PR Newswire