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The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of National Sem

^{Published on 2011-04-07 17:20:31 - Market Wire}
 

NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are 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 deal, National shareholders will receive $25 in cash per share of National stock. The transaction has a total value of approximately $6.5 billion.

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

If you own common stock in National and wish to obtain additional information, please contact Vincent Wong, Esq. either via email [ vw@wongesq.com ], by telephone at 212.584.2740, or visit [ http://www.wongesq.com/national-semiconductor.html ].

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.584.2740
Fax. 866.367.6510
E-Mail: [ vw@wongesq.com ]