The Law Firm of Levi & Korsinsky, LLP Announces Investigation of Valpey-Fisher Corporation
November 18 2011 - 2:49PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Valpey-Fisher Corporation (“Valpey-Fisher” or the “Company”)
(NASDAQ: VPF) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to CTS Corporation (NYSE: CTS). Under the terms of the transaction,
Valpey-Fisher shareholders will receive $4.15 per share of
Valpey-Fisher stock they own. The Valpey-Fisher Board of Directors
has agreed to tender their shares, representing 33% of the
Company’s outstanding common stock.
Click here to learn how to join the action:
http://www.zlk.com/valpey-fisher-vpf, or call: 877-363-5972.
The investigation concerns whether the Valpey-Fisher Board of
Directors breached their fiduciary duties to Valpey-Fisher
stockholders by failing to adequately shop the Company before
entering into this transaction and whether CTS Corporation is
underpaying for Valpey-Fisher shares, thus unlawfully harming
Valpey-Fisher stockholders.
If you own common stock in Valpey-Fisher 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 http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in New
York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Valpey Fisher Corp. (MM) (NASDAQ:VPF)
Historical Stock Chart
From Oct 2024 to Nov 2024
Valpey Fisher Corp. (MM) (NASDAQ:VPF)
Historical Stock Chart
From Nov 2023 to Nov 2024
