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RFMI RF Monolithics, Inc. (MM)

1.7799
0.00 (0.00%)
02 Aug 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
RF Monolithics, Inc. (MM) NASDAQ:RFMI 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% 1.7799 0 01:00:00

Rigrodsky & Long, P.A. Announces Investigation of RF Monolithics, Inc. Takeover

13/04/2012 6:46pm

Business Wire


RF Monolithics (NASDAQ:RFMI)
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Rigrodsky & Long, P.A. announces that it is investigating potential claims against the board of directors of RF Monolithics, Inc. (“RF Monolithics” or the “Company”) (NASDAQ: RFMI) concerning possible breaches of fiduciary duty and other violations of law related to the Company’s entry into an agreement to be acquired by Murata Electronics North America, Inc. (“Murata”) for $1.78 in an all-cash deal valued at approximately $20 million.

The investigation concerns whether the board of directors of RF Monolithics adequately shopped the Company to obtain the best price possible for the Company’s shareholders before entering into the merger agreement with Murata.

If you own the common stock of RF Monolithics and purchased your shares before April 13, 2012, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Brian D. Long, Esquire of Rigrodsky & Long, P.A., 919 North Market Street, Suite 980, Wilmington, Delaware 19801 toll free at (888) 969-4242, by e-mail to info@rigrodskylong.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly litigates securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, including claims for breach of fiduciary duty and proxy violations in the Delaware Court of Chancery and in state and federal courts throughout the United States.

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