CASCADE MICROTECH SHAREHOLDER NOTICE: Faruqi & Faruqi, LLP Announces the Investigation of Cascade Microtech Inc. (CSCD) Over ...
09 Février 2016 - 10:01PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Cascade Microtech Inc. (“Cascade Microtech” or the
“Company”) (NASDAQ GM: CSCD) for potential breaches of fiduciary
duties in connection with the sale of the Company to FormFactor
Inc. for approximately $295.80 million.
The Company’s stockholders will only receive $16.00 in cash and
0.6534 shares of FormFactor common stock for each share of Company
common stock they own, or approximately $20.40 per share based on
the closing price on February 8, 2016.
Click here for more information:
www.faruqilaw.com/CSCD. There is no cost or
obligation to you.
The investigation focuses on whether Cascade Microtech’s Board
of Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Cascade Microtech’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Cascade Microtech and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/CSCD or contact Juan
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2016 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
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Faruqi & Faruqi, LLP685 Third Avenue, 26th FloorNew York, NY
10017Attn: Juan Monteverde, Esq.jmonteverde@faruqilaw.comToll Free:
877-247-4292Phone: 212-983-9330
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