Glancy Prongay & Murray LLP is Investigating Planar Systems, Inc. Board of Directors
17 Agosto 2015 - 7:52PM
Business Wire
Glancy Prongay & Murray LLP is investigating potential
claims against the Board of Directors of Planar Systems, Inc.
(“Planar” or the “Company”) (NASDAQ:PLNR) related to the proposed
acquisition of the Company by Leyard Optoelectronic, Ltd. The
transaction is valued at approximately $156.8 million. The
Company’s shareholders will receive $6.58 for each share of Planar
they own.
This investigation concerns whether the Board of Directors of
Planar breached their fiduciary duties to stockholders by failing
to adequately shop the Company before agreeing to enter into the
proposed transaction, and whether the Company has disclosed all
material information to shareholders about the transaction.
If you are a shareholder of Planar, if you have information or
would like to learn more about our investigation, or if you wish to
discuss your rights or interests with respect to these matters,
please contact Louis Boyarsky, Esquire, Glancy Prongay & Murray
LLP, 1925 Century Park East, Suite 2100, Los Angeles, CA 90067, by
telephone at (310) 201-9150 or Toll Free at (888) 773-9224 or by
email to shareholders@glancylaw.com. This press release may be
considered Attorney Advertising in some jurisdictions under the
applicable law and ethical rules.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20150817006367/en/
Glancy Prongay & Murray LLP, Los AngelesLouis Boyarsky,
Esquire310-201-9150 or
888-773-9224shareholders@glancylaw.comwww.glancylaw.com
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