Thieler Law Corp, member of the Investor Attorney Network, is investigating whether members of the board of directors of Skullcandy Inc (NASDAQ: SKUL) acted responsibly on behalf of investors’ profitability in the planned $177 million sale to Incipio LLC.

On June 23, 2016, Skullcandy Inc (NASDAQ: SKUL) and Incipio LLC announced that they had entered into a merger agreement. Under the terms of the merger agreement, Incipio will offer Skullcandy shareholders $5.75 per share in cash for all outstanding shares.    

Based in Park City, Utah, and founded in 2003 Skullcandy Inc designs, markets, and distributes audio and gaming products under the Skullcandy and Astro Gaming brands.

The investigation is looking to uncover whether Skullcandy Inc was undervalued at the cost of the shareholders considering one analyst’s opinion of their stock is valued at $6.65 per share.

If you purchased Skullcandy Inc (NASDAQ: SKUL) prior to June 23, 2016, you should contact Thieler Law Corp at mail@thielerlaw.com or call +1 (619) 377 - 4324.

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