Law Office of Brodsky & Smith, LLC Announces Investigation of Valpey-Fisher Corporation
17 Noviembre 2011 - 10:59PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Valpey-Fisher Corporation (“Valpey-Fisher” or the “Company”)
(Nasdaq: VPF) relating to the proposed acquisition by CTS
Corporation.
Under the terms of the transaction, Valpey-Fisher shareholders
would receive $4.15 in cash for each share of Valpey-Fisher stock
they own. The investigation concerns possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of
Valpey-Fisher for not acting in the Company’s shareholders' best
interests in connection with the sale process to CTS Corporation.
The transaction may undervalue Valpey-Fisher as Valpey-Fisher stock
traded at $4.37 as recently as March 1, 2011. In addition, members
of Valpey-Fisher have agreed to tender their shares, representing
33% of the Company’s outstanding common stock.
If you own shares of Valpey-Fisher stock and wish to discuss the
legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or
Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza,
Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, visiting
http://brodsky-smith.com/360-vpf-valpey-fisher-corporation.html, or
by calling toll free 877-LEGAL-90.
Valpey Fisher Corp. (MM) (NASDAQ:VPF)
Gráfica de Acción Histórica
De Oct 2024 a Nov 2024
Valpey Fisher Corp. (MM) (NASDAQ:VPF)
Gráfica de Acción Histórica
De Nov 2023 a Nov 2024
Real-Time news about Valpey Fisher Corp. (MM) (NASDAQ): 0 recent articles
Más de Brodsky & Smith, LLC Artículos de Noticias