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VTSS (MM)

5.275
0.00 (0.00%)
19 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
(MM) NASDAQ:VTSS 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% 5.275 0 01:00:00

Harwood Feffer LLP Announces Investigation of Vitesse Semiconductor Corporation

19/03/2015 12:00am

PR Newswire (US)


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NEW YORK, March 18, 2015 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Vitesse Semiconductor Corporation ("Vitesse" or the "Company") (NASDAQ: VTSS) concerning the proposed acquisition of the Company by Microsemi Corporation ("Microsemi").      

Harwood Feffer LLP logo

Under the terms of the transaction, Microsemi would purchase Vitesse in a transaction valued at approximately $389 million.  Vitesse shareholders would receive $5.28 per share in cash. 

Our investigation concerns whether the Vitesse 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 Vitesse 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.

Logo - http://photos.prnewswire.com/prnh/20120215/MM54604LOGO

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/harwood-feffer-llp-announces-investigation-of-vitesse-semiconductor-corporation-300052771.html

SOURCE Harwood Feffer LLP

Copyright 2015 PR Newswire

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