SHAREHOLDER NOTICE: Brodsky & Smith, LLC Announces an Investigation of BMC Stock Holdings, Inc. (Nasdaq – BMCH)

BALA CYNWYD – September 2, 2020 /Access Wire/ – Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of BMC Stock Holdings, Inc. (“BMCH” or the “Company”) (Nasdaq – BMCH) for possible breaches of fiduciary duty and other violations of federal and state law in connection with the agreement to be acquired by Builders FirstSource, Inc. (“Builders FirstSource”) (Nasdaq – BLDR).  Under the terms of the agreement, BMCH shareholders will receive only 1.3125 shares of Builders FirstSource for each share of BMCH they own, an implied per-share consideration of $36.63 based upon Builders FirstSource’s closing price of $27.91 on August 26, 2020.

The investigation concerns whether the BMCH Board breached its fiduciary duties to shareholders by failing to conduct a fair process and whether Builders FirstSource is paying too little for the Company. For example, at least one wall street analyst following the Company has set a target price of $49.00 per share for BMCH.

If you own shares of BMCH stock and wish to discuss the legal ramifications of the investigation, 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 Marc L. Ackerman, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, or call toll free 877-534-2590.

 

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class 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 have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.