LEVI & KORSINSKY, LLP Notifies Investors of ANAREN, INC. of Claims of Breaches of Fiduciary Duty by Board of Anaren, Inc. in ...
07 December 2013 - 3:29AM
Marketwired
LEVI & KORSINSKY, LLP Notifies Investors of ANAREN, INC. of
Claims of Breaches of Fiduciary Duty by Board of Anaren, Inc. in
Connection With Sale of Company to Veritas Capital Fund IV, L.P.
NEW YORK, NY--(Marketwired - Dec 6, 2013) - Levi &
Korsinsky notifies investors of Anaren, Inc. ("Anaren" or the
"Company") (NASDAQ: ANEN) of claims of breaches of fiduciary duty
and other violations of state law against the board of directors of
the Company in connection with the sale of the Company to an
affiliate of The Veritas Capital Fund IV, L.P. ("Veritas"). A
complaint was filed in New York state court.
Click here to learn more about the case
http://zlk.9nl.com/anaren-anen/, or call: 877-363-5972. There is no
cost or obligation to you.
Under the terms of the transaction, Anaren shareholders will
receive $28.00 for each share of Anaren stock they own. The
transaction has a total approximate value of $381 million. The
claims concern whether the Anaren 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
Veritas is underpaying for Anaren shares.
If you own Anaren 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/anaren-anen/.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey 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.
CONTACT: 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: (212) 363-7171
www.zlk.com
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