Law Firm Brower Piven Announces That A Class Action Lawsuit Has Been Filed In Connection With the Mindspeed Technologies, Inc...
21 Noviembre 2013 - 4:04PM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, announces that a class action lawsuit has been filed
in the California Superior Court for Orange County on behalf of all
stockholders of Mindspeed Technologies, Inc. (“Mindspeed” or the
“Company”) (NasdaqGS: MSPD) common stock.
According to the complaint, the proposed buyout provides for
Mindspeed shareholders to receive $5.05 per share in cash for each
share of Mindspeed common stock they own. The lawsuit alleges that
the members of the Mindspeed Board of Directors have breached their
fiduciary duties to shareholders by agreeing to the proposed buyout
for inadequate consideration.
If you currently own common stock of Mindspeed and would like to
learn more about the claims being asserted and your rights, you may
email or call Brower Piven, who will, without obligation or cost to
you, attempt to answer your questions. You may contact Brower Piven
by email at hoffman@browerpiven.com, by calling (410) 415-6616, or
at Brower Piven, A Professional Corporation, 1925 Old Valley Road,
Stevenson, Maryland 21153. Attorneys at Brower Piven have combined
experience litigating securities and other class action cases of
over 60 years.
Brower Piven, A Professional CorporationStevenson,
MarylandCharles J. Piven, 410-415-6616hoffman@browerpiven.com
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