SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Parametric Sound Corp.

Business 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 Parametric Sound Corp. (“Parametric Sound” or the “Company”) (PAMT) relating to the proposed acquisition by Turtle Beach.

Click here to learn more about the investigation http://brodsky-smith.com/625-pamt-parametric-sound-corp.html, or call 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Parametric Sound shareholders will receive only 20 percent of the combined company and Turtle Beach shareholders will receive 80 percent of the combined company. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Parametric Sound for not acting in the Company’s shareholders' best interests in connection with the sale process. The transaction may both undervalue the Company and expose Parametric Sound shareholders to increased risk.

If you own shares of Parametric Sound common 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, by visiting http://brodsky-smith.com/625-pamt-parametric-sound-corp.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and case action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
investorrelations@brodsky-smith.com
http://brodsky-smith.com/625-pamt-parametric-sound-corp.html

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