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Buyout for $7.35 Per Share Prompts Magma Design Shareholder Claim Investigation by Goldfarb Branham LLP
//science-technology.news-articles.net/content/2 .. claim-investigation-by-goldfarb-branham-llp.html
Published in Science and Technology on Thursday, December 1st 2011 at 11:11 GMT by Market Wire
Published in Science and Technology on Thursday, December 1st 2011 at 11:11 GMT by Market Wire
Buyout for $7.35 Per Share Prompts Magma Design Shareholder Claim Investigation by Goldfarb... -- DALLAS, Dec. 1, 2011 /PRNewswire/ --
Buyout for $7.35 Per Share Prompts Magma Design Shareholder Claim Investigation by Goldfarb Branham LLP
DALLAS, Dec. 1, 2011 /PRNewswire/ -- [ Goldfarb Branham LLP ] is investigating whether certain officers and directors of Magma Design Automation (NASDAQ: [ LAVA ]) violated shareholder protection laws by agreeing to a sale of the company for $7.35 per share to Synopsys, Inc. Concerned Synopsys investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or [ hlindley@goldfarbbranham.com ] about their rights and remedies.
"Magma stock traded as high as $8.45 in July," said Hamilton Lindley. "In fact, there are at least three analysts who had price targets from $7.50 to $11.00 per share for the stock. Our proposed shareholder lawsuit seeks to ensure that the Magma stockholders receive the most money and information that the law allows."
[ Goldfarb Branham LLP ] lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Magma investors – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [ lindley@goldfarbbranham.com ] or 877-583-2855.
Hamilton Lindley
Goldfarb Branham LLP
2501 N. Harwood, Ste. 1801
Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
(214) 583-2233 Local Phone Number
(214) 583-2234 Fax Number
[ hlindley@goldfarbbranham.com ]
[ www.goldfarbbranham.com ]
SOURCE Goldfarb Branham LLP
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