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Law Office of Brodsky & Smith, LLC Announces Investigation of Silverleaf Resorts, Inc.

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^{Published in Business and Finance on Tuesday, February 8th 2011 at 18:01 GMT by Market 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 Silverleaf Resorts, Inc. (aSilverleafa or the aCompanya) (Nasdaq: SVLF) relating to the proposed acquisition by SL Resort Holding, Inc. (aSL Resorta).

Under the terms of the transaction, Silverleaf shareholders would receive $2.50 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 Silverleaf by not acting in Silverleaf shareholders' best interests in connection with the sale process to SL Resort. The transaction may undervalue Silverleaf as it is below book value and an analyst has set a price target of $5.00 per share on Silverleaf stock.

If you own shares of Silverleaf 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 ], visiting [ http://brodsky-smith.com/259-slvf-silverleaf-resorts-inc.html ], or by calling toll free 877-LEGAL-90.