NEW YORK, June 19, 2014 /PRNewswire/ -- Morgan &
Morgan announces that it is investigating potential claims against
the board of directors of Fusion-io, Inc. ("Fusion-io" or the
"Company") (NYSE: FIO) concerning possible breaches of fiduciary
duty and other violations of law related to Fusion-io's efforts to
sell the Company to SanDisk Corporation in a transaction valued at
approximately $1.1 billion.
If you own shares of Fusion-io and want more information about
the Fusion-io Investigation please contact Morgan & Morgan at
1-800-732-5200 or email info@morgansecuritieslaw.com
Under the terms of the agreement, shareholders of Fusion-io will
receive $11.25 in cash for each
share of Fusion-io they own.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law by Fusion-io's Board of Directors for
not acting in the best interest of the Company's shareholders in
connection with the sale process.
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to securities fraud, the firm also practices in
the areas of antitrust, personal injury, consumer protection,
overtime, and product liability. All of the Firm's legal
endeavors are rooted in its core mission: provide investor and
consumer protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a
similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
SOURCE Morgan & Morgan