ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

WEDC White Electronic Designs Corp. (MM)

7.00
0.00 (0.00%)
21 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
White Electronic Designs Corp. (MM) NASDAQ:WEDC 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% 7.00 0 01:00:00

Levi & Korsinsky, LLP Investigates Possible Breach of Fiduciary Duty by the Board of White Electronic Designs Corp. - WEDC

02/04/2010 3:24pm

Business Wire


White Electronic Designs Corp. (MM) (NASDAQ:WEDC)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more White Electronic Designs Corp. (MM) Charts.

Levi & Korsinsky is investigating the Board of Directors of White Electronics Designs Corp. (“WEDC” or the “Company”) (NasdaqGM: WEDC) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Microsemi Corporation ("Microsemi") (NasdaqGS: MSCC). Under the terms of the transaction, WEDC shareholders will receive $7.00 in cash for each WEDC share of common stock they own for a total transaction value of approximately $163 million, or a net transaction value of approximately $100 million, net of WEDC's projected cash balance at closing.

The investigation concerns whether the WEDC Board of Directors breached their fiduciary duties to WEDC stockholders by failing to adequately shop the Company before entering into this transaction and whether Microsemi is underpaying for WEDC shares, thus unlawfully harming WEDC stockholders.

If you own common stock in WEDC and wish to obtain additional information, please contact us at the number listed below or visit http://www.zlk.com/wedc1.html.

Levi & Korsinsky has expertise in prosecuting investor securities litigation and extensive experience in actions involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation.

1 Year White Electronic Designs Corp. (MM) Chart

1 Year White Electronic Designs Corp. (MM) Chart

1 Month White Electronic Designs Corp. (MM) Chart

1 Month White Electronic Designs Corp. (MM) Chart

Your Recent History

Delayed Upgrade Clock