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Law Firm Brower Piven Announces Investigation of BigBand Networks, Inc.

  //science-technology.news-articles.net/content/2 .. unces-investigation-of-bigband-networks-inc.html
  Published in Science and Technology on Wednesday, October 12th 2011 at 7:43 GMT by Market Wire
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STEVENSON, Md.--([ BUSINESS WIRE ])--The law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty to current shareholders of BigBand Networks, Inc. (aBigBanda) (NASDAQ: BBND) and other violations of state law by the board of directors of BigBand relating to the proposed acquisition of the company by ARRIS Group, Inc. (aARRISa). The firma™s investigation seeks to determine, among other things, whether the board breached their fiduciary duties by failing to maximize shareholder value.

On October 11, 2011, ARRIS and BigBand jointly announced that they had entered into a definitive agreement whereby ARRIS will acquire BigBand for $2.24 per share in cash. However, according to Yahoo! Finance, at least one analyst has set a high price target of $2.75 per share.

If you currently own shares of BigBand and would like to learn more about the investigation being conducted by Brower Piven, you may email or call Brower Piven, who will, without obligation or cost to you, attempt to answer your questions. You may contact Brower Piven by email at [ hoffman@browerpiven.com ], by calling 410/415-6616, or at Brower Piven, A Professional Corporation, 1925 Old Valley Road, Stevenson, Maryland 21153. Attorneys at Brower Piven have combined experience litigating securities and other class action cases of over 60 years.