Pinnacle Data Solutions (PNS)

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Law Office of Brodsky & Smith, LLC Announces Investigation of Pinnacle Data Systems, Inc.
Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Pinnacle Data Systems, Inc. (“Pinnacle” or the “Company”) (AMEX: PNS) relating to the proposed acquisition by Avnet, Inc. The proposed deal has an equity value of approximately $22 million.

Under the terms of the proposed transaction Pinnacle shareholders would receive $2.40 in cash for each share of Pinnacle stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Pinnacle for not acting in the Company’s shareholders' best interests in connection with the sale process.

If you own shares of Pinnacle 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 [e-mail], visiting http://brodsky-smith.com/359-pns-pinnacle-data-systems-inc.html , or by calling toll free 877-LEGAL-90.


Source: Business Wire (November 11, 2011 - 11:30 PM EST)

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