Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Symmetricom, Inc. Stockholders
October 22 2013 - 5:01PM
Business Wire
Kirby McInerney LLP is investigating potential claims against
the Board of Directors of Symmetricom, Inc. (“Symmetricom” or the
“Company”) (NASDAQ:SYMM) concerning the proposed acquisition of the
Company by Microsemi Corporation (“Microsemi”). Under the terms of
the proposed transaction, Symmetricom stockholders will receive
$7.18 in cash for each share of Symmetricom owned, valuing the
transaction at approximately $230 million.
The investigation concerns whether the Symmetricom Board of
Directors violated its fiduciary duties by agreeing to this
transaction and whether the proposed $7.18 per share consideration
adequately values Symmetricom’s common stock.
If you are a Symmetricom stockholder and wish to obtain
additional information, please contact J. Brandon Walker, Esq.
by email at bwalker@kmllp.com, by telephone at (212) 699-1145 or
(888) 529-4787, or by filling out this contact form.
Kirby McInerney LLP is a New York-based law firm concentrating
in securities, stockholder, whistleblower, antitrust and consumer
litigation. For additional information, please go to
www.kmllp.com.
Kirby McInerney LLPJ. Brandon Walker, Esq.,
212-699-1145888-529-4787bwalker@kmllp.com
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