The Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Micron...
11 Juin 2012 - 7:05PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
Micronetics, Inc. (“Micronetics” or the “Company”) (Nasdaq: NOIZ)
for possible breaches of fiduciary duty and other violations of
state law in connection with the sale of the Company to Mercury
Computer Systems, Inc. (Nasdaq: MRCY).
Click here to learn how to join the action:
http://zlk.9nl.com/micronetics-noiz, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Micronetics shareholders
will receive $14.80 for each share of Micronetics stock they own.
The transaction has an approximate total value of $75.4 million.
The investigation concerns whether the Micronetics Board of
Directors breached their fiduciary duties to Micronetics
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Mercury Computer
Systems, Inc. is underpaying for Micronetics shares, thus
unlawfully harming Micronetics stockholders.
If you own common stock in Micronetics 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://zlk.9nl.com/micronetics-noiz.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. 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 securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below. Attorney advertising. Prior results
do not guarantee similar outcomes.
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