NEW YORK, Nov. 20, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Oplink
Communications, Inc. ("Oplink" or "the Company") (Nasdaq: OPLK) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Koch Optics,
Inc.
Click here to learn more about the investigation:
http://zlk.9nl.com/oplinkcommunications-oplk.
Under the terms of the transaction, Oplink shareholders will
receive $24.25 in cash for each share
of Oplink stock they own. The investigation concerns whether the
Board of Oplink breached their fiduciary duties to stockholders by
failing to adequately shop the Company before agreeing to enter
into this transaction, and whether Koch Optics, Inc. is underpaying
for Oplink shares. In particular, at least one analyst set a price
target of $26.25 per Oplink
share.
If you own Oplink 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/oplinkcommunications-oplk.
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's attorneys have
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, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP