NEW YORK, Jan. 28, 2015 /PRNewswire/ -- Levi &
Korsinsky commences an investigation the Board of Directors of
Silicon Image Inc. ("Silicon Image" or "the Company") (NASDAQ:
SIMG) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Lattice
Semiconductor Corporation.
Click here to learn more about the investigation:
http://www.zlkdocs.com/SIMG-Info-Request-Form-ma-2582.
Under the terms of the transaction, Silicon Image shareholders
will receive $7.30 in cash for each
share of Silicon Image stock they own. The investigation concerns
whether the Board of Silicon Image breached their fiduciary duties
to stockholders by failing to adequately shop the Company before
agreeing to enter into this transaction, and whether Lattice
Semiconductor is underpaying for Silicon Image shares. In
particular, at least one analyst set a price target for Silicon
Image stock at $8.00 per share.
If you own Silicon Image common stock and wish to obtain
additional information, please contact Joseph E. Levi, Esq. either via email at
jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877)
363-5972, or visit
http://www.zlkdocs.com/SIMG-Info-Request-Form-ma-2582.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP