OPLK SHAREHOLDER ALERT: Levi & Korsinsky, LLP Launches Investigation of the Board of Directors of Oplink Communications, Inc....
21 Noviembre 2014 - 10:40AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Oplink Communications, Inc. (“Oplink” or “the Company”) (Nasdaq:
OPLK) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Koch
Optics, Inc.
Click here to learn more about the investigation:
http://zlk.9nl.com/oplinkcommunications-oplk.
Under the terms of the transaction, Oplink shareholders will
receive $24.25 in cash for each share of Oplink stock they own. The
investigation concerns whether the Board of Oplink breached their
fiduciary duties to stockholders by failing to adequately shop the
Company before agreeing to enter into this transaction, and whether
Koch Optics, Inc. is underpaying for Oplink shares. In particular,
at least one analyst set a price target of $26.25 per Oplink
share.
If you own Oplink common stock and wish to obtain additional
information, please contact Joseph E. Levi, Esq. either via email
at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free:
(877) 363-5972, or visit
http://zlk.9nl.com/oplinkcommunications-oplk.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLPJoseph Levi, Esq. / Eduard Korsinsky,
Esq.Tel: 212-363-7500Toll Free: 877-363-5972Fax:
866-367-6510www.zlk.com
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