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SERV Serve Robotics Inc

1.88
-0.03 (-1.57%)
Last Updated: 14:37:32
Delayed by 15 minutes
Share Name Share Symbol Market Type
Serve Robotics Inc NASDAQ:SERV NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.03 -1.57% 1.88 1.88 1.92 1.9499 1.87 1.87 8,603 14:37:32

Law Office of Brodsky & Smith, LLC Announces Investigation of Servidyne, Inc.

30/06/2011 8:40pm

Business Wire


Serve Robotics (NASDAQ:SERV)
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Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Servidyne, Inc. (“Servidyne” or the “Company”) (Nasdaq: SERV) relating to the proposed acquisition by Scientific Conservation, Inc.

Under the terms of the transaction, Servidyne shareholders would receive $3.50 a share in an all cash transaction. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Servidyne by not acting in Servidyne shareholders' best interests in connection with the sale process to Scientific Conservation. The transaction may undervalue Servidyne based on the fact that Servidyne reported a book value of $3.59 per share in their most recent financial quarter.

If you own shares of Servidyne 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, or by calling toll free 877-LEGAL-90.

1 Year Serve Robotics Chart

1 Year Serve Robotics Chart

1 Month Serve Robotics Chart

1 Month Serve Robotics Chart