SHAREHOLDER ALERT: Brower Piven Commences An Investigation Into The Proposed Sale Of SFX Entertainment Inc. And Encourages Investors To Contact The Firm For Additional Information

STEVENSON, Md.--()--The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of SFX Entertainment Inc. (“SFX” or the “Company”) (Nasdaq: SFXE) relating to the proposed buyout of the Company by Robert F.X. Sillerman, Chief Executive Officer and Executive Chairman of the Board of Directors of SFX (“Sillerman”).

On February 25, 2015, Sillerman announced that he has proposed to the Company’s Board of Directors a transaction through which Mr. Sillerman would acquire all of the outstanding shares of common stock of SFX not already owned by him for $4.75 per share in cash.

The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors failed to satisfy their duties to shareholders, including whether the Board adequately pursued alternatives to the acquisition and whether the Board obtained the best price possible for the Company’s shares of common stock. In particular, the Company's stock price closed above $7.00 five months ago, and at least one analyst recently set a price target for SFX of $12.00 per share.

If you currently own common stock of SFX and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at You may also request more information by contacting Brower Piven either by email at or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.


Brower Piven, A Professional Corporation
Charles J. Piven, 410-415-6616
1925 Old Valley Road
Stevenson, Maryland 21153

Recent Stories

RSS feed for Brower Piven, A Professional Corporation

Brower Piven, A Professional Corporation