BALA CYNWYD, Pa., Nov. 6, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Mindspeed Technologies, Inc.
("Mindspeed" or the "Company") (Nasdaq- MSPD-News) relating to the
proposed acquisition of the Company by M/A-COM Technology Solutions
Holdings, Inc. ("MSTI").
Click here to learn more about the investigation
http://brodsky-smith.com/671-mspd-mindspeed-technologies-inc.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Mindspeed shareholders will
receive only $5.05 in cash for each
share of Mindspeed stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Mindspeed for not acting in the
Company's shareholders' best interests in connection with the sale
process. The transaction may undervalue the Company and would
result in a loss for may long term holders of Mindspeed stock.
Mindspeed stock traded at $5.23 per
share as recently as February 19,
2013 and traded at $7.19 per
share on February 2, 2012.
If you own shares of Mindspeed common 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, by visiting
http://brodsky-smith.com/671-mspd-mindspeed-technologies-inc.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 case 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 successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC