SILICON IMAGE INVESTOR ALERT: Faruqi & Faruqi, LLP Announces the Investigation of Silicon Image Inc. (SIMG) Over the Proposed...
February 14 2015 - 10:00AM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Silicon Image Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Silicon Image Inc.
(“Silicon Image” or the “Company”) (NASDAQ:SIMG) for potential
breaches of fiduciary duties in connection with the sale of the
Company to Lattice Semiconductor for approximately $600 million.
The Company’s stockholders will only receive $7.30 for each share
of Silicon Image common stock they own, which is much lower than
the $8.00 high target for the Company.
Click here for more information:
www.faruqilaw.com/SIMG. There is no cost or
obligation to you.
The investigation focuses on whether Silicon Image’s Board of
Directors breached their fiduciary duties to the Company’s
stockholders by failing to conduct a fair sales process and whether
and by how much this proposed transaction undervalues the Company
to the detriment of Silicon Image’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Silicon Image and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/SIMG or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2015 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: 877-247-4292Phone:
212-983-9330
(MM) (NASDAQ:SIMG)
Historical Stock Chart
From Jun 2024 to Jul 2024
(MM) (NASDAQ:SIMG)
Historical Stock Chart
From Jul 2023 to Jul 2024