NEW YORK, Feb. 6, 2015 /PRNewswire/ -- Juan E. Monteverde,
a partner at Faruqi & Faruqi, LLP, a leading national
securities firm headquartered in New York
City, is investigating the Board of Directors of Silicon
Image Inc. ("Silicon Image" or the "Company") (NASDAQ: SIMG) for
potential breaches of fiduciary duties in connection with the sale
of the Company to Lattice Semiconductor for approximately
$600 million. The Company's
stockholders will only receive $7.30
for each share of Silicon Image common stock they own, which is
much lower than the $8.00 high target
for the Company.
Click here for more information:
www.faruqilaw.com/SIMG. There is no cost or obligation to
you.
The investigation focuses on whether Silicon Image's Board of
Directors breached their fiduciary duties to the Company's
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Silicon Image's shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The
firm is focused on providing exemplary legal services in complex
litigation in the areas of securities, shareholder, antitrust and
consumer litigation, throughout all phases of litigation. The
firm has an experienced trial team which has achieved significant
victories on behalf of the firm's clients. To keep track of the
latest securities litigation news, follow us on Twitter at
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If you own common stock in Silicon Image and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/SIMG or contact Juan E. Monteverde, Esq. either via e-mail at
jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or
(212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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Faruqi, LLP (www.faruqilaw.com). Prior results do not
guarantee or predict a similar outcome with respect to any future
matter. We are happy to discuss your particular case.
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