BALA CYNWYD, Pa., March 2, 2016 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Newport Corp.
("Newport" or "the Company")
(Nasdaq- NEWP-News) for possible breaches of fiduciary duty and
other violations of state law in connection with the sale of the
Company to MKS Instruments, Inc. ("MKS").
For information about the investigation click here
http://brodsky-smith.com/1046-newp-newport-corp.html, or call:
877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Newport shareholders will receive only
$23.00 in cash for each share of
Newport stock they own. The
investigation concerns whether the Board of Newport breached
their fiduciary duties to shareholders and whether MKS is
underpaying for the Company. The transaction may undervalue the
Company and appears to be an attempt by MKS to take advantage of
Newport's recent depressed stock
price.
If you own shares of Newport 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/1046-newp-newport-corp.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