Faruqi & Faruqi, LLP Is Seeking More Cash For The Shareholders Of Ramtron International Corporation (RMTR)
25 Septiembre 2012 - 5:50PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Ramtron International Corporation (“Ramtron” or the
“Company”) (NASDAQ: RMTR) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to Cypress Semiconductor Corporation (NASDAQ: CY) in an
all-cash deal valued at about $119.50 million. Under the terms of
the proposed transaction, Ramtron stockholders will receive
approximately $3.10 in cash for each share of Ramtron they own,
while according to Yahoo! Finance, at least one financial analyst
has set a price target of $4.00 for Ramtron.
Request more information now by clicking here:
www.faruqilaw.com/RMTR. There is no cost or
obligation to you.
The investigation focuses on whether Ramtron’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct an adequate and fair sales
process prior to agreeing to this proposed transaction, whether the
proposed transaction undervalues Ramtron’s shares and by how much
this proposed transaction undervalues the Company to the detriment
of Ramtron’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Ramtron and wish to obtain additional
information and protect your investments free of charge, please
visit us at www.faruqilaw.com/RMTR or contact Juan E. Monteverde,
Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone
at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2012 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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