NEW YORK, April 11, 2012 /PRNewswire/ --Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of eResearchTechnology, Inc. ("ERT" or the "Company") (NASDAQ: ERT) concerning the proposed acquisition of the Company by Genstar Capital ("Genstar") in a transaction valued at approximately $400 million.
On April 10, 2012, it was announced that ERT and Genstar have entered into a definitive agreement pursuant to which Genstar will acquire ERT. Under the agreement, ERT shareholders will receive $8.00 per share held.
Our investigation concerns whether the board of directors is fulfilling its fiduciary duties, maximizing the value of ERT disclosing all material benefits and costs and obtaining full and fair consideration for ERT shareholders.
If you own ERT shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Robert I. Harwood, Esq. Benjamin Sachs-Michaels Harwood Feffer LLP 488 Madison Avenue New York, New York 10022 Phone Numbers: (877) 935-7400 (212) 935-7400 Email: [email protected] Website: http://www.hfesq.com
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.