NEW YORK, June 16, 2016 /PRNewswire/ -- Harwood Feffer LLP
(www.hfesq.com) is investigating potential claims against the board
of directors of QLogic Corporation ("QLogic" or the "Company")
(NASDAQ: QLGC) concerning the proposed acquisition of the Company
by Cavium, Inc. ("Cavium").
Under the terms of the offer, Cavium would acquire QLogic in a
transaction valued at approximately $1.36
billion. Pursuant to the deal, QLogic stockholders will
be offered $11.00 cash and 0.098
shares of Cavium common stock for each share of QLogic, the value
of which is equivalent to $15.53.
Our investigation concerns whether the QLogic board of directors
is fulfilling its fiduciary duties, maximizing the value of the
Company, disclosing all material benefits and costs, and obtaining
full and fair consideration for Company stockholders.
If you own QLogic shares and wish to discuss this matter with
us, or have any questions concerning your rights and interests with
regard to this matter, please contact:
Benjamin I. Sachs-Michaels,
Esq.
Robert I. Harwood, Esq.
Harwood Feffer LLP
488 Madison Avenue
New York, New York 10022
Phone Numbers: (877) 935-7400
(212)935-7400
Email: bsachsmichaels@hfesq.com
Website: http://www.hfesq.com
Follow us on Twitter: @HarwoodFeffer
Harwood Feffer has been
representing individual and institutional investors for many years,
serving as lead counsel in numerous cases in federal and state
courts. Please visit the Harwood Feffer LLP website
(http://www.hfesq.com) for more information about the firm.
Attorney Advertising. The law firm responsible for this
advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results
do not guarantee or predict a similar outcome with respect to any
future matter.
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SOURCE Harwood Feffer LLP
