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PMCS (MM)

11.65
0.00 (0.00%)
After Hours
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:PMCS 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% 11.65 0 01:00:00

Ryan & Maniskas, LLP Announces Investigation of PMC-Sierra Inc.

07/10/2015 3:45pm

PR Newswire (US)


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WAYNE, Pa., Oct. 7, 2015 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of PMC-Sierra Inc. ("PMC-Sierra" or the "Company") (NASDAQ: PMCS) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Skyworks Solutions, Inc. in a transaction valued at approximately $2 billion.

Ryan & Maniskas, LLP.

If you own shares of PMC-Sierra and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/pmcs.  You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. 

Under the terms of the agreement, shareholders of PMC-Sierra will receive $10.50 in cash for each share of PMC-Sierra common stock.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of PMC-Sierra for not acting in the Company's shareholders' best interests in connection with the sale process. 

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.rmclasslaw.com.

CONTACT:    Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/pmcs
rmaniskas@rmclasslaw.com 

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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/ryan--maniskas-llp-announces-investigation-of-pmc-sierra-inc-300155759.html

SOURCE Ryan & Maniskas, LLP

Copyright 2015 PR Newswire

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