Ryan & Maniskas, LLP Announces Investigation of Microtune, Inc.
08 Septiembre 2010 - 3:15PM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/tune) is
investigating potential claims against the board of directors of
Microtune, Inc. ("Microtune" or the "Company") (NASDAQ:TUNE)
concerning possible breaches of fiduciary duty and other violations
of law related to the Company’s efforts to sell Microtune to Zoran
Corporation.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to approval of the transaction
by Company’s board of directors; in particular, whether the Company
undertook a fair process to obtain fair consideration for all
shareholders of Microtune, given that according to Yahoo! Finance,
at least one analyst has set a target price of $5.00 per share. For
more information regarding our investigation, please contact Ryan
& Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at
(877) 316-3218 or by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/tune.
Under the terms of the agreement, Microtune shareholders will
receive $2.92 in cash for each share of Microtune common stock they
hold.
If you own shares of Microtune and would like to learn more
about these claims 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/tune. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com. For more information
about class action cases in general, please visit our website:
www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan and Maniskas, LLP is devoted to protecting the interests
of individual and institutional investors in shareholder actions in
state and federal courts nationwide.
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