BALA CYNWYD, Pa., Aug. 22, 2013 /PRNewswire/ -- Law office of
Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Volterra
Semiconductor Corporation ("Volterra" or the "Company") (Nasdaq:
VLTR) relating to the proposed acquisition by Maxim Integrated
Products, Inc. ("Maxim").
Click here to learn more about the investigation
http://brodsky-smith.com/626-vltr-volterra-semiconductor-corporation.html,
or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Volterra shareholders will
receive only $23.00 in cash for each
share of Volterra stock they own. The investigation concerns
possible breaches of fiduciary duty and other violations of state
law by the Board of Directors of Volterra for not acting in the
Company's shareholders' best interests in connection with the sale
process.
The transaction may undervalue the Company as it will result in
Maxim strengthening its position in the market for low-energy
chips. Demand for these chips, which use less energy, has been
increasing as consumers use more mobile devices. In addition, the
transaction may result in a loss for many long term Volterra
shareholders. For example Volterra stock traded at $25.42 per share on August
16, 2012 and traded at $33.92
on March 30, 2012.
If you own shares of Volterra common stock and wish to discuss
the legal ramifications of the proposed transaction, or have any
questions, you may e-mail or call the law office of Brodsky &
Smith, LLC who will, without obligation or cost to you, attempt to
answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith,
LLC, Two Bala Plaza, Suite 602, Bala
Cynwyd, PA 19004, by e-mail at
investorrelations@brodsky-smith.com, by visiting
http://brodsky-smith.com/626-vltr-volterra-semiconductor-corporation.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive
expertise representing shareholders throughout the nation in
securities and case action lawsuits. The attorneys at Brodsky &
Smith have been appointed by numerous courts throughout the country
to serve as lead counsel in class actions and successfully
recovered millions of dollars for our clients and shareholders.
Attorney advertising. Prior results do not guarantee a similar
outcome.
SOURCE Brodsky & Smith, LLC