NEW YORK, June 24, 2019 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors of Rudolph
Technologies, Inc. ("Rudolph" or the "Company") (NYSE: RTEC) in
connection with the proposed acquisition of the Company by
Nanometrics Incorporated ("Nanometrics") (NASDAQ GS: NANO).
Under the terms of the agreement, RTEC shareholders will
receive 0.8042 NANO shares for each RTEC share they own,
representing consideration of $27.33
based on NANO's June 24 opening
price.
If you are a shareholder of RTEC who wishes to
discuss the investigation or have any questions about this notice
and your rights or interests, please contact:
Joshua Rubin,
Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212)
682-3025
(888)593-4771
stockinfo@weisslawllp.com
Or visit our
website
http://www.weisslawllp.com/rudolph-technologies-inc/
Or follow us on Twitter
@MarketsAlert
WeissLaw is investigating whether RTEC's Board acted to maximize
shareholder value prior to entering into the agreement.
Notably, at least one analyst set a target price of $32.00, or approximately $5.00 above the per-share
consideration.
WeissLaw is also concerned whether the deal creates shareholder
value for Rudolph's shareholders. Specifically, WeissLaw
is investigating whether Rudolph's Board conducted a fair process
in agreeing to the proposed merger, whether the proposed merger
undervalues the Company, and whether all material information
related to the proposed merger is fully and fairly
disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and
derivative actions for violations of corporate and fiduciary
duties. We have recovered over a billion dollars for
defrauded clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP
