Law Offices Of Howard G. Smith Announces Investigation On Behalf Of Shareholders Of Spark Networks, Inc.
Law Offices of Howard G. Smith announces that it is investigating potential claims against the board of directors of Spark Networks, Inc. (“Spark Networks” or the “Company”) (AMEX:LOV) related to a proposal by Great Hill Partners III, LP ("Great Hill Partners") to acquire Spark Networks.
Under the terms of proposed transaction, Great Hill Partners would acquire all of the outstanding shares of common stock of the Company not owned by Great Hill Partners, at a cash purchase price of $3.10 per share, an approximate 5% premium over Spark Networks’ closing price on March 2, 2010 – one day before the announcement of Great Hill Partners’ proposal. Following the close of the transaction, Spark Networks would no longer be a public reporting or trading company. The investigation concerns possible breaches of fiduciary duty and other violations of law related to approval of the transaction by the Spark Networks board of directors.
If you own shares of Spark Networks, if you have information or would
like to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
Toll Free at (888) 638-4847, or by email to
or visit our website at
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
24/7 market commentary from Jim Cramer and 20+ veteran Wall Street gurus. Get access to the latest trading ideas on stocks, options, and ETFs as well as a real-time forum to see the pros exchanging their investment ideas.
- Jim Cramer + 20 Wall Street pros
- Intraday commentary & news
- Real-time trading forum
- Actionable trade ideas
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV