DALLAS, Dec. 1, 2011 /PRNewswire/ -- Goldfarb
Branham LLP is investigating whether certain officers and directors
of Magma Design Automation (NASDAQ: LAVA) violated shareholder
protection laws by agreeing to a sale of the company for
$7.35 per share to Synopsys, Inc.
Concerned Synopsys investors are encouraged to contact attorney
Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com
about their rights and remedies.
"Magma stock traded as high as $8.45 in July," said Hamilton Lindley. "In fact,
there are at least three analysts who had price targets from
$7.50 to $11.00 per share for the
stock. Our proposed shareholder lawsuit seeks to ensure that the
Magma stockholders receive the most money and information that the
law allows."
Goldfarb Branham LLP lawyers have significant experience
representing shareholders and whistleblowers in securities lawsuits
nationwide. Magma investors – or anyone with knowledge about this
situation – should contact lawyer Hamilton Lindley at
lindley@goldfarbbranham.com or 877-583-2855.
Hamilton Lindley
Goldfarb Branham LLP
2501 N. Harwood, Ste. 1801
Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
(214) 583-2233 Local Phone Number
(214) 583-2234 Fax Number
hlindley@goldfarbbranham.com
www.goldfarbbranham.com
SOURCE Goldfarb Branham LLP