Law Office of Brodsky & Smith, LLC Announces
Investigation of EnergyConnect Group, Inc.
March 04, 2011 11:33 PM Eastern Time
BALA CYNWYD, Pa.--(EON: Enhanced Online News)--Law office of Brodsky & Smith, LLC announces that it
is investigating potential claims against the Board of Directors of EnergyConnect Group, Inc. (“EnergyConnect” or
the “Company”) (OTC: ECNG.ob) relating to the proposed acquisition by Johnson Controls, Inc. (“Johnson”).
Under the terms of the transaction, EnergyConnect shareholders would receive $0.2253 in cash for each share of
common stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of EnergyConnect by not acting in EnergyConnect shareholders' best interests in
connection with the sale process to Johnson. The transaction may undervalue EnergyConnect as the stock traded at
0.25 per share on August 10, 2010 and an analyst has set a price target of $2.50 per share on EnergyConnect
If you own shares of EnergyConnect 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
firstname.lastname@example.org, visiting http://brodsky-smith.com/268-ecng.ob-energyconnect-group-
inc.html, or by calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire