Shareholder Alert - Micronetics, Inc.: Levi & Korsinsky, LLP Notifies Investors of Claims of Breaches of Fiduciary Duty by th...
26 June 2012 - 5:36AM
Marketwired
Levi & Korsinsky notifies investors of Micronetics, Inc.
("Micronetics" or the "Company") (NASDAQ: NOIZ) 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 Mercury Computer Systems, Inc. (NASDAQ:
MRCY). A complaint was filed in Delaware state court.
Click here to learn how to join the action:
http://zlk.9nl.com/micronetics-noiz, or call:
877-363-5972. There is
no cost or obligation to you.
Under the terms of the transaction, Micronetics shareholders
will receive $14.80 for each share of Micronetics stock they own.
The transaction has an approximate total value of $75.4 million.
The claims concern whether the Micronetics Board of Directors
breached their fiduciary duties to Micronetics stockholders by
failing to adequately shop the Company before entering into this
transaction and whether Mercury Computer Systems, Inc. is
underpaying for Micronetics shares, thus unlawfully harming
Micronetics stockholders.
If you own common stock in Micronetics 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
http://zlk.9nl.com/micronetics-noiz.
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. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. 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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