Symmetricom Shareholder Alert: Former SEC Attorney Willie Briscoe & Powers Taylor LLP Investigate Acquisition by Microsemi Co...
October 22 2013 - 12:52PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor
LLP are investigating the sale of Symmetricom, Inc. (“Symmetricom”)
(NasdaqGS: SYMM) to Microsemi Corporation. Under the terms of the
proposed transaction valued at approximately $230 million,
Symmetricom shareholders will only receive $7.18 in cash for each
share of Symmetricom stock owned.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, please contact Willie Briscoe
at The Briscoe Law Firm, PLLC, (214) 239-4568, via email at
WBriscoe@TheBriscoeLawFirm.com or Zach Groover at Powers Taylor
LLP, toll free (877) 728-9607, via e-mail at
shareholder@powerstaylor.com. There is no cost or fee to you.
The Symmetricom sale investigation centers on whether
Symmetricom’s shareholders are receiving adequate compensation for
their shares in the proposed sale, whether the transaction
undervalues Symmetricom’s stock, and whether Symmetricom’s board
attempted to obtain the highest share price for all shareholders
prior to agreeing to the deal.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles
a variety of complex business litigation matters, including claims
of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor LLPZach
Groover, 877-728-9607shareholder@powerstaylor.com
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