Fri, June 1, 2012
Thu, May 31, 2012
Wed, May 30, 2012
Tue, May 29, 2012
Mon, May 28, 2012
Sun, May 27, 2012
Fri, May 25, 2012
Thu, May 24, 2012
[ Thu, May 24th 2012 ] - Market Wire
What a difference a day makes

Law Office of Brodsky amp;; Smith, LLC Announces Investigation of LeCroy Corporation


//science-technology.news-articles.net/content/2 .. nounces-investigation-of-lecroy-corporation.html
Published in Science and Technology on Tuesday, May 29th 2012 at 18:40 GMT by Market Wire   Print publication without navigation


Law Office of Brodsky & Smith, LLC Announces Investigation of LeCroy... -- BALA CYNWYD, Pa., May 29, 2012 /PRNewswire/ --

Law Office of Brodsky & Smith, LLC Announces Investigation of LeCroy Corporation

BALA CYNWYD, Pa., May 29, 2012 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of LeCroy Corporation ("LeCroy" or the "Company") (Nasdaq- LCRY) relating to the proposed acquisition by Teledyne Technologies, Inc. ("Teledyne").

Under the terms of the transaction, LeCroy shareholders would receive only $14.30 in cash for each share of LeCroy stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of LeCroy for not acting in the Company's shareholders' best interests in connection with the sale process Teledyne. LeCroy stock traded at $15.78 a share as recently as February 2, 2011 and an analyst has placed a price target for LeCroy stock at $16.00 per share. 

If you own shares of LeCroy stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at [ investorrelations@brodsky-smith.com ] visiting [ http://brodsky-smith.com/431-lcry-lecroy-corporation.html ], or by calling toll free 877-LEGAL-90.

SOURCE Brodsky & Smith, LLC

[ Back to top ]

RELATED LINKS
[ http://www.brodsky-smith.com ]


Publication Contributing Sources