SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Symmetricom Inc.
25 October 2013 - 9:15AM
Business Wire
Law office of Brodsky & Smith, LLC announces that it is
investigating potential claims against the Board of Directors of
Symmetricom Inc. (“Symmetricom” or the “Company”) (Nasdaq: SYMM)
relating to the proposed acquisition by Microsemi Corporation
(“Microsemi”).
Click here to learn more about he investigation
http://brodsky-smith.com/662-symm-symmetricom-inc.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Symmetricom shareholders
will receive only $7.18 in cash for each share of Symmetricom stock
they own. The investigation concerns possible breaches of fiduciary
duty and other violations of state law by the Board of Directors of
Symmetricom for not acting in the Company’s shareholders’ best
interests in connection with the sale process. The investigation
seeks to determine if Symmetricom’s Board of Directors failed to
conduct an adequate auction process and as a result harmed
Symmetricom shareholders by undervaluing their Company.
If you own shares of Symmetricom common stock and wish to
discuss the legal ramifications of the proposed transaction, or
have any questions, you may e-mail or call the law office of
Brodsky & Smith, LLC who will, without obligation or cost to
you, attempt to answer your questions. You may contact Jason L.
Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/662-symm-symmetricom-inc.html, or calling
toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith,
Esquire877-LEGAL-90investorrelations@brodsky-smith.comhttp://brodsky-smith.com/662-symm-symmetricom-inc.html
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