Rigrodsky & Long, P.A. Announces Investigation of RF Monolithics, Inc. Takeover
April 13 2012 - 12:46PM
Business Wire
Rigrodsky & Long, P.A. announces that it is investigating
potential claims against the board of directors of RF Monolithics,
Inc. (“RF Monolithics” or the “Company”) (NASDAQ: RFMI) concerning
possible breaches of fiduciary duty and other violations of law
related to the Company’s entry into an agreement to be acquired by
Murata Electronics North America, Inc. (“Murata”) for $1.78 in an
all-cash deal valued at approximately $20 million.
The investigation concerns whether the board of directors of RF
Monolithics adequately shopped the Company to obtain the best price
possible for the Company’s shareholders before entering into the
merger agreement with Murata.
If you own the common stock of RF Monolithics and purchased your
shares before April 13, 2012, if you have information or would like
to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact
Brian D. Long, Esquire of Rigrodsky & Long, P.A., 919 North
Market Street, Suite 980, Wilmington, Delaware 19801 toll free at
(888) 969-4242, by e-mail to info@rigrodskylong.com.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware
and Garden City, New York, regularly litigates securities class,
derivative and direct actions, shareholder rights litigation and
corporate governance litigation, including claims for breach of
fiduciary duty and proxy violations in the Delaware Court of
Chancery and in state and federal courts throughout the United
States.
Attorney advertising. Prior results do not guarantee a similar
outcome.
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