InPlay - SYMMETRICOM INVESTOR ALERT: Levi & Korsinsky, LLP Investigates Possible Breaches of Fiduciary Duty by Board of Symme...
October 23 2013 - 7:14AM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Symmetricom Inc. (“Symmetricom” or the “Company”) (NasdaqGS:SYMM)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Microsemi
Corporation (NasdaqGS:MSCC).
Click here to learn more about the investigation
http://zlk.9nl.com/symmetricom-symm/, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Symmetricom shareholders
will receive $7.18 for each common share of Symmetricom stock they
own. The investigation concerns whether the Symmetricom Board of
Directors breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Microsemi Corporation is
underpaying for Symmetricom shares.
If you own Symmetricom 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://zlk.9nl.com/symmetricom-symm/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm has
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, LLPJoseph Levi, Esq. / Eduard Korsinsky,
Esq.212-363-7500Toll Free: 877-363-5972Fax:
212-363-7171www.zlk.com
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