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ATML Atmel Corp.

8.14
0.00 (0.00%)
Pre Market
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Atmel Corp. NASDAQ:ATML NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 8.14 0 01:00:00

SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Atmel Corporation

25/09/2015 11:35pm

Business Wire


Atmel Corp. (NASDAQ:ATML)
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From May 2019 to May 2024

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Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Atmel Corporation ("Atmel” or "the Company") (Nasdaq: ATML) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Dialog Semiconductor (“Dialog”).

Click here to learn more about the investigation http://brodsky-smith.com/983-atml-atmel-corporation.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Atmel shareholders will receive only $4.65 in cash and 0.112 of a Dialog American Depositary share for each share of Atmel stock they own. The transaction values Atmel at only approximately $10.42 per share. The investigation concerns whether the Board of Atmel breached their fiduciary duties to shareholders and whether Dialog is underpaying for Atmel. The transaction may undervalue Atmel and will result in real gain for many Atmel shareholders. For example, Atmel stock traded at $10.44 per share as recently as June 22, 2015 and an analyst has set a price target for Atmel stock at $12.00 per share.

If you own shares of Atmel and wish to discuss the legal ramifications of the investigation, 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 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/983-atml-atmel-corporation.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Brodsky & Smith, LLCJason L. Brodsky, EsquireEvan J. Smith, Esquire877-LEGAL-90http://brodsky-smith.com/983-atml-atmel-corporation.html

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