SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Ram...
19 Settembre 2012 - 5:48PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Ramtron International Corp. (“Ramtron” or the “Company”) (NasdaqGM:
RMTR) for possible breaches of fiduciary duty and other violations
of state law in connection with the sale of the Company to Cypress
Semiconductor Corporation (NasdaqGS: CY).
Click here to learn more about the investigation:
http://zlk.9nl.com/ramtron-international-rmtr, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Ramtron shareholders will
receive $3.10 per share of Ramtron stock they own. The transaction
has a total approximate value of $109.8 million. The investigation
concerns whether the Ramtron Board of Directors breached their
fiduciary duties to Ramtron stockholders by failing to adequately
shop the Company before entering into this transaction and whether
Cypress Semiconductor Corporation is underpaying for Ramtron
shares, thus unlawfully harming Ramtron stockholders. In
particular, at least one analyst set a price target for Ramtron
stock at $4.00 per share.
If you own common stock in Ramtron 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/ramtron-international-rmtr.
Levi & Korsinsky is a national firm with offices in New York
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.
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