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Law Office of Brodsky & Smith, LLC Announces Investigation of NightHawk Radiology Holdings, Inc.

^{Published on 2010-09-27 13:10:27 - Market Wire}
 

BALA CYNWYD, Pa.--([ BUSINESS WIRE ])--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of NightHawk Radiology Holdings, Inc. (aNightHawka or the aCompanya) (Nasdaq:NHWK) relating to the proposed acquisition of NightHawk by Virtual Radiologic Corporation. (aVirtuala). Under the terms of the transaction, NightHawk shareholders would receive cash of $6.50 for each share of NightHawk common stock they own.

The investigation concerns possible breaches of fiduciary duty and other violations of state law related to the NightHawk boarda™s approval of the proposed transaction. The transaction appears to be unfair, in part, given that NightHawk stock was trading at $6.76 a share as recently as November 5, 2009 and traded at $7.44 a share on September 29, 2009. Also, NightHawk has recently reported improved financial results.

If you own shares of NightHawk 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 ], or by calling toll free 877-LEGAL-90.