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The Law Office of Abe Shainberg Launches an Investigation into Possible Breaches of Fiduciary Duty by the Board of National Sem

^{Published on 2011-04-05 17:00:25 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--The Law Office of Abe Shainberg is investigating the Board of Directors of National Semiconductor Corporation (NYSE: NSM) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Texas Instruments, Inc. (NYSE: TXN). Under the terms of the proposed transaction, National Semiconductor shareholders will receive $25 in cash per share for a transaction value of approximately $6.5 billion.

The investigation concerns whether the National Semiconductor Board of Directors breached their fiduciary duties to National Semiconductor stockholders by failing to adequately shop the Company before entering into this transaction and whether Texas Instruments is underpaying for National Semiconductor shares.

If you own common stock in National Semiconductor and wish to obtain additional information, please contact Abe Shainberg, Esq. either via email at [ as@ashainberglaw.com ] or by telephone at (212) 425-7286, or visit [ http://www.ashainberglaw.com/national-semiconductor-corp.html ].

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide. Attorney advertising. Prior results do not guarantee similar outcomes.