WAYNE, Pa., Aug. 25, 2014 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Peregrine Semiconductor Corporation ("Peregrine" or
the "Company") (NASDAQ: PSMI) concerning possible breaches of
fiduciary duty and other violations of law related to the Company's
efforts to sell the Company to Murata Electronics North America,
Inc., a wholly owned subsidiary of Murata Manufacturing Co., Ltd.
in a transaction valued at approximately $471 million.
If you own shares of Peregrine and would like to learn more
about this class action or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire
toll-free at (877) 316-3218 or to sign up online, visit:
www.rmclasslaw.com/cases/psmi. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the merger agreement, shareholders of
Peregrine would receive $12.50 in
cash for each share of Peregrine they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by the Board of Directors of
Peregrine for not acting in the Company's shareholders' best
interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT:
Ryan & Maniskas, LLP
Richard
A. Maniskas, Esquire
995 Old Eagle School Rd.,
Suite 311
Wayne, PA
19087
877-316-3218
www.rmclasslaw.com/cases/psmi
rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP