SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of Freescale Semiconductor, Ltd . ...

BALA CYNWYD, Pa., March 2, 2015 /PRNewswire/ -- Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Freescale Semiconductor, Ltd. ("Freescale" or "the Company") (NYSE-FSL-News) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to NXP Semiconductors N.V. ("NXP").

Click here to learn more about the investigation http://brodsky-smith.com/898-fsl-freescale-semiconductor-ltd.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, Freescale shareholders will receive only $6.25 in cash and 0.3521 of an NXP ordinary share for each share of Freescale stock they own. The transaction values Freescale at approximately $36.14 per share. The investigation concerns whether the Board of  Freescale breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether NXP is underpaying for Freescale. The transaction may undervalue Freescale as it will result in an estimated $200 million cost savings in the first full year after the transaction is completed and will result in an eventual $500 million of annual cost synergies. In addition, the price being paid is well below an analyst price target of $45.00 per share and Freescale stock traded at $37.53 per share as recently as February 13, 2015.

If you own shares of Freescale stock and wish to discuss the legal ramifications of   the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA  19004, by visiting http://brodsky-smith.com/898-fsl-freescale-semiconductor-ltd.html, or calling toll  free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

 

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SOURCE Brodsky & Smith, LLC

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