Science & Technology
Science and Technology
Science and Technology
Fri, November 18, 2011
Thu, November 17, 2011 The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Valpey-F
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible... -- NEW YORK, Nov. 17, 2011 /PRNewswire/ --
The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Valpey-Fisher Corporation in Connection with the Sale of the Company to CTS Corporation
NEW YORK, Nov. 17, 2011 /PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Valpey-Fisher Corporation ("Valpey-Fisher" or the "Company") (NASDAQ: [ VPF ]) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to CTS Corporation (NYSE: CTS). Under the terms of the transaction, Valpey-Fisher shareholders will receive $4.15 per share of Valpey-Fisher stock they own. The Valpey-Fisher Board of Directors has agreed to tender their shares, representing 33% of the Company's outstanding common stock.
Click here to learn how to join the action: [ http://www.zlk.com/valpey-fisher-vpf ], or call: 877-363-5972.
The investigation concerns whether the Valpey-Fisher Board of Directors breached their fiduciary duties to Valpey-Fisher stockholders by failing to adequately shop the Company before entering into this transaction and whether CTS Corporation is underpaying for Valpey-Fisher shares, thus unlawfully harming Valpey-Fisher stockholders.
If you own common stock in Valpey-Fisher and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at [ jlevi@zlk.com ] or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or [ http://www.zlk.com ].
Levi & Korsinsky is a national firm with offices in New York, California and Washington D.C. The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major litigations involving mergers and acquisitions. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
[ www.zlk.com ]
SOURCE Levi & Korsinsky, LLP
[ Back to top ] RELATED LINKS
[ http://www.zlk.com ]
