WAYNE, Pa., Oct. 24, 2013 /PRNewswire/ -- Ryan &
Maniskas, LLP is investigating potential claims against the board
of directors of Symmetricom Inc. ("Symmetricom" or the "Company")
(NASDAQ: SYMM) concerning possible breaches of fiduciary duty and
other violations of law related to the Company's efforts to sell
the Company to Microsemi Corporation in a deal valued at
approximately $230 million.
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If you own shares of Symmetricom 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/symm. You may also email
Mr. Maniskas at rmaniskas@rmclasslaw.com.
Under the terms of the proposed transaction, Symmetricom's
stockholders will receive $7.18 for
each share of Symmetricom common stock they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of state law by Symmetricom's Board of
Directors for not acting in the Company's shareholders' best
interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide. To learn more
about the class action process, please visit:
www.rmclasslaw.com.
CONTACT:
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Ryan &
Maniskas, LLP
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Richard A.
Maniskas, Esquire
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995 Old Eagle
School Rd., Suite 311
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Wayne, PA
19087
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877-316-3218
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www.rmclasslaw.com/cases/symm
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rmaniskas@rmclasslaw.com
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SOURCE Ryan & Maniskas, LLP