NEW YORK, Aug. 26, 2014 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Peregrine
Semiconductor Corporation ("Peregrine" or "the Company")
(NasdaqGS: PSMI) for possible breaches of fiduciary duty and other
violations of state law in connection with the sale of the Company
to Murata Electronics North America, Inc., a wholly owned
subsidiary of Murata Manufacturing Co., Ltd. ("Murata").
Click here to learn more about the
investigation: http://zlk.9nl.com/peregrine-semiconductor-psmi,
or call: 877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, Peregrine shareholders will
receive approximately $12.50 per
share, representing a total approximate transaction value of
$471 million. The investigation
concerns whether the Board of Peregrine breached their fiduciary
duties to stockholders by failing to adequately shop the Company
before agreeing to enter into this transaction, and whether Murata
is underpaying for Peregrine shares.
If you own Peregrine common stock and wish to obtain additional
information, please contact Joseph E. Levi,
Esq. either via email at jlevi@zlk.com or by telephone at
(212) 363-7500, toll-free: (877) 363-5972, or visit
http://zlk.9nl.com/peregrine-semiconductor-psmi .
Levi & Korsinsky is a national firm with offices in
New York, New Jersey, Connecticut and Washington D.C. The firm's 26 attorneys have
extensive expertise in prosecuting securities litigation involving
financial fraud, representing investors throughout the nation in
securities and shareholder lawsuits. For more information, please
feel free to contact any of the attorneys listed below. Attorney
advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (866) 367-6510
www.zlk.com
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SOURCE Levi & Korsinsky, LLP