NEW YORK, May 7, 2015 /PRNewswire/ -- Morgan & Morgan
announces that it is investigating potential claims against the
board of directors of OmniVision Technologies, Inc. ("OmniVision"
or the "Company") (NasdaqGS: OVTI) concerning possible breaches of
fiduciary duty and other violations of law related to the proposed
acquisition of the Company by a consortium of investors, composed
of Hua Capital Management Co., Ltd., CITIC Capital Holdings
Limited, and GoldStone Investment Co., Ltd.
If you own shares of OmniVision and would like to learn more
about the OmniVision investigation, you may contact Morgan &
Morgan at 1(800) 732-5200 or email
info@morgansecuritieslaw.com.
Under the terms of the proposed transaction, OmniVision's
shareholders will receive $29.75 per
share in cash for each OmniVision share they own. The proposed
transaction has a value of approximately $1.9 billion.
About Morgan & Morgan
Morgan & Morgan is one of the nation's largest 200 law
firms. In addition to shareholder rights, the firm also practices
in the areas of antitrust, personal injury, consumer protection,
overtime, and product liability. All of the Firm's legal endeavors
are rooted in its core mission: provide investor and consumer
protection and always fight "for the people."
Attorney advertising. Prior results do not guarantee a
similar outcome.
Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44th Street
Suite 2001
New York, NY 10036
1-800-732-5200
info@morgansecuritieslaw.com
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SOURCE Morgan & Morgan