WILMINGTON, Del., Nov. 19, 2014 /PRNewswire/ -- Rigrodsky &
Long, P.A.:
- Do you own shares of Oplink Communications, Inc. (NASDAQ
GS: OPLK)?
- Did you purchase any of your shares prior to November 19, 2014?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your
rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of Oplink
Communications, Inc. ("Oplink" or the "Company") (NASDAQ GS: OPLK)
regarding possible breaches of fiduciary duties and other
violations of law related to the Company's entry into an agreement
to be acquired by Koch Optics, Inc., a wholly owned subsidiary of
Koch Industries, Inc. ("Koch"), in a transaction valued at
approximately $445 million.
Click here to learn more:
http://www.rigrodskylong.com/investigations/oplink-communications-inc-oplk.
Under the terms of the agreement, public shareholders of Oplink
would receive $24.25 per share in
cash for each share of Oplink they own.
The investigation concerns whether Oplink's board of directors
failed to adequately shop the Company and obtain the best possible
value for Oplink's shareholders before entering into an agreement
with Koch. According to Yahoo! Finance, at least one analyst
has set a price target for Oplink stock at $26.25 per share.
If you own the common stock of Oplink and purchased your shares
before November 19, 2014, if you have
information or would like to learn more about these claims, or if
you wish to discuss these matters or have any questions concerning
this announcement or your rights or interests with respect to these
matters, please contact Seth D.
Rigrodsky or Gina M. Serra at
Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120,
Wilmington, DE 19803, by telephone
at (888) 969-4242; by e-mail to info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/oplink-communications-inc-oplk.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
SOURCE Rigrodsky & Long, P.A.