Science & Technology
Fri, March 30, 2012 
WAYNE, Pa.--([ BUSINESS WIRE ])--Ryan & Maniskas, LLP ([ www.rmclasslaw.com/cases/oclr ]) is investigating potential claims against the board of directors of Oclaro, Inc. (aOclaroa or the "Company") (NASDAQ: OCLR) concerning possible breaches of fiduciary duty and other violations of law related to the Companyas efforts to sell Oclaro to Opnext, Inc. (aOpnexta) in a transaction valued at approximately $177 million.
Our investigation concerns possible breaches of fiduciary duty and other violations of law related to the approval of the transaction by the Companyas board of directors; in particular, whether the Company undertook a fair process to obtain fair consideration for all shareholders of Oclaro. For more information regarding our investigation, please contact Ryan & Maniskas, LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or by email at [ rmaniskas@rmclasslaw.com ] or visit: [ www.rmclasslaw.com/cases/oclr ].
Under the terms of the agreement, Opnext shareholders will receive a fixed ratio of 0.42 shares of Oclaro common stock for every share of Opnext common stock they own.
If you own shares of Oclaro and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: [ www.rmclasslaw.com/cases/oclr ]. You may also email Mr. Maniskas at [ rmaniskas@rmclasslaw.com ]. For more information about class action cases in general, please visit our website: [ www.rmclasslaw.com ].
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
