BCD Semiconductor Shareholder Alert: Briscoe Law Firm and Powers Taylor, LLP Investigate Sale to Diodes, Inc.
01 January 2013 - 6:40AM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor,
LLP are investigating the sale of BCD Semiconductor Manufacturing
Limited (“BCDS”) (NasdaqGS: BCDS) to Diodes Inc. for shareholders.
Under the terms of the proposed deal valued at approximately $151
million, BCDS shareholders will receive $8.00 per BCD American
depositary share owned.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Zach Groover at
Powers Taylor, LLP, toll free (877) 728-9607, via e-mail at
zach@powerstaylor.com or Willie Briscoe at The Briscoe Law Firm,
PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com. There is no cost or fee to you.
The BCDS sale investigation centers on whether BCDS’s
shareholders are receiving adequate compensation for their shares
in the buyout, whether the transaction undervalues BCDS’s stock,
and whether BCDS’s board attempted to obtain the highest share
price for all shareholders prior to agreeing to the deal.
Shareholder rights attorney Willie Briscoe stated that “due to the
proposed sale price, the size of the deal and other factors, we are
investigating this transaction to determine if it undervalues
BCDS’s stock price. Our lawsuit will seek to obtain the highest
share price for all shareholders.”
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor, LLP is a boutique litigation law firm that
handles a variety of complex business litigation matters, including
claims of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
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