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

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  Published in House and Home on Wednesday, May 4th 2011 at 18:20 GMT by Market Wire
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BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Volcom, Inc. (aVolcoma or the aCompanya) (Nasdaq: VLCM) relating to the proposed acquisition by a subsidiary of PPR SA. (aPPRa).

Under the terms of the transaction, shareholders of Volcom will receive $24.50 in cash for each share of Volcom stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Volcom by not acting in Volcom shareholders' best interests in connection with the sale process to PPR. The transaction may undervalue Volcom as an analyst placed a target price for Volcom stock at $25.00 per share.

If you own shares of Volcom 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 [ http://brodsky-smith.com/284-vlcm-volcom-inc.html ], or by calling toll free 877-LEGAL-90.