SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Newport Corp.
04 Março 2016 - 11:45PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Newport Corp. ("Newport” or "the Company") (Nasdaq: NEWP) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to MKS Instruments,
Inc. (“MKS”).
For information about the investigation click here
http://brodsky-smith.com/1046-newp-newport-corp.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Newport shareholders will
receive only $23.00 in cash for each share of Newport stock they
own. The investigation concerns whether the Board of Newport
breached their fiduciary duties to shareholders and whether MKS is
underpaying for the Company. The transaction may undervalue the
Company and appears to be an attempt by MKS to take advantage of
Newport’s recent depressed stock price.
If you own shares of Newport and wish to discuss the legal
ramifications of the investigation, 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
510, Bala Cynwyd, PA 19004, by visiting
http://brodsky-smith.com/1046-newp-newport-corp.html, or calling
toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and class action lawsuits. The attorneys at Brodsky
& Smith have been appointed by numerous courts throughout the
country to serve as lead counsel in class actions and have
successfully recovered millions of dollars for our clients and
shareholders. Attorney advertising. Prior results do not guarantee
a similar outcome.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20160304005778/en/
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90http://brodsky-smith.com/1046-newp-newport-corp.html
Newport Corp. (NASDAQ:NEWP)
Gráfico Histórico do Ativo
De Abr 2024 até Mai 2024
Newport Corp. (NASDAQ:NEWP)
Gráfico Histórico do Ativo
De Mai 2023 até Mai 2024
Notícias em tempo-real sobre Newport Corp. da NASDAQ bolsa de valores: 0 artigos recentes
Mais Notícias de Newport Corp. (MM)