Law Firm Brower Piven Announces Investigation of Symmetricom, Inc. Proposed Buyout
24 Outubro 2013 - 2:28PM
Business Wire
The securities litigation firm of Brower Piven, A Professional
Corporation, has commenced an investigation into possible breaches
of fiduciary duty to current shareholders of Symmetricom, Inc.
(“Symmetricom” or the “Company”) (NASDAQ: SYMM) and other
violations of state law by the board of directors of Symmetricom
relating to the proposed buyout of the Company by Microsemi
Corporation. The firm’s investigation seeks to determine, among
other things, whether the board of directors of Symmetricom
breached their fiduciary duties by failing to maximize shareholder
value.
According to the press release announcing the proposed buyout,
Symmetricom shareholders will receive $7.18 per share in cash for
each share of Symmetricom common stock they own.
If you currently own common stock of Symmetricom and would like
to learn more about the investigation being conducted by Brower
Piven, you may email or call Brower Piven, who will, without
obligation or cost to you, attempt to answer your questions. You
may contact Brower Piven by email at hoffman@browerpiven.com, by
calling (410) 415-6616, or at Brower Piven, A Professional
Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153.
Attorneys at Brower Piven have combined experience litigating
securities and other class action cases of over 60 years.
Brower Piven, A Professional CorporationStevenson,
MarylandCharles J. Piven, (410) 415-6616hoffman@browerpiven.com
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