INVESTOR ALERT: Levi & Korsinsky, LLP Announces Investigation of Peregrine Semiconductor Corp. & Its Board of Directors In Co...
22 Agosto 2014 - 9:55AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Peregrine Semiconductor Corporation (“Peregrine” or “the Company”)
(NasdaqGS: PSMI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Murata Electronics North America, Inc., a wholly owned
subsidiary of Murata Manufacturing Co., Ltd. (“Murata”).
Click here to learn more about the investigation:
http://zlk.9nl.com/peregrine-semiconductor-psmi, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Peregrine shareholders will
receive approximately $12.50 per share, representing a total
approximate transaction value of $471 million. The investigation
concerns whether the Board of Peregrine breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Murata
is underpaying for Peregrine shares.
If you own Peregrine 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/peregrine-semiconductor-psmi.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm’s 26
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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