Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Teavana Holdings,
Inc. (“Teavana” or the “Company”) (NYSE: TEA) relating to the proposed
acquisition by Starbucks Corporation (“Starbucks”).
Under the terms of the transaction, Teavana shareholders will receive
only $15.50 in cash for each share of Teavana stock they own. The
investigation concerns possible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Teavana for not
acting in the Company’s shareholders' best interests in connection with
the sale process to Starbucks. The transaction may undervalue the
Company and will result in no substantial gain or even a loss for many
Teavana shareholders. For example Teavana stock traded at $28.38 on
August 2, 2011 and $17.36 as recently as May 25, 2012. In addition, an
analyst has set a price target for Teavana stock at $24.00 per share.
If you own shares of Teavana 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 email@example.com
by calling toll free 877-LEGAL-90.