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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ulticom (MM) | NASDAQ:ULCM | 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% | 8.06 | 0 | 01:00:00 |
Goldfarb Branham LLP is investigating whether the Board of Directors of Ulticom (NASDAQ: ULCM) breached fiduciary duties to its shareholders by agreeing to sell the company to Platinum Equity, LLC for $2.33 per share plus a payment of a special dividend of $5.74 per share. Concerned Ulticom investors are urged to contact Hamilton Lindley at 877-583-2855 or hlindley@goldfarbbranham.com to learn about their rights.
“The $8.07 per share price is only a 5% premium to the October 11, 2010 closing price of Ulticom,” said securities lawyer Hamilton Lindley. “Our investigation is focused on the potential unfairness of the price to Ulticom shareholders and the process by which the Board considered and approved the transaction. In fact, at least one analyst set a price target for company stock at $8.50 per share.”
Goldfarb Branham LLP pursues claims nationwide for shareholders in unfair buyouts. Lawyers at the firm have significant experience representing shareholders in over 100 securities cases. If you have any information about this transaction or questions about your rights as an Ulticom shareholder contact the firm at hlindley@goldfarbbranham.com or call 877-583-2855.
1 Year Ulticom (MM) Chart |
1 Month Ulticom (MM) Chart |
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