SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of Peregrine Semiconductor Corp. in Connection with the Sale ...
August 25 2014 - 6:35PM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Peregrine Semiconductor Corporation (“Peregrine” or the “Company”)
(Nasdaq: PSMI) relating to the proposed acquisition by Murata
Electronics North America, Inc. (“Murata”).
Click here to learn more about the investigation
http://brodsky-smith.com/810-psmi-peregrine-semiconductor-corporation.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Peregrine shareholders will
receive only $12.50 in cash for each share of Peregrine common
stock they own. The investigation concerns possible breaches of
fiduciary duty and other violations of state law by the Board of
Directors of Peregrine for not acting in the Company’s
shareholders' best interests in connection with the sale process.
The transaction may undervalue the Company and will result in a
loss for many long-term Peregrine shareholders. For example,
Peregrine stock traded at $18.74 per share on September 19,
2012.
If you own shares of Peregrine common stock 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 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/810-psmi-peregrine-semiconductor-corporation.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.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/810-psmi-peregrine-semiconductor-corporation.html
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