SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Pepco Holdings, Inc. - POM

May 01, 2014, 18:05 ET from Brodsky & Smith, LLC

BALA CYNWYD, Pa., May 1, 2014 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Pepco Holdings, Inc. ("Pepco" or the "Company") (NYSE: POM) relating to the proposed acquisition by Exelon Corporation ("Exelon").

Click here to learn more about the investigation, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Pepco shareholders will receive only $27.25 in cash for each share of Pepco stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Pepco for not acting in the Company's shareholders' best interests in connection with the sale process. The transaction may undervalue Pepco and is below the premium paid in comparable transactions.  Pepco has posted strong and improving results as net income increased by 70.6% and earnings per share increased by 53% in the fourth quarter of 2013 compared to the fourth quarter of 2012.

If you own shares of Pepco common 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 602, Bala Cynwyd, PA 19004, by e-mail at, by visiting, 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 case 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 successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome. 

SOURCE Brodsky & Smith, LLC