NEW YORK, Nov. 17, 2011 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Valpey-Fisher
Corporation ("Valpey-Fisher" or the "Company") (NASDAQ: VPF) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to CTS Corporation
(NYSE: CTS). Under the terms of the transaction,
Valpey-Fisher shareholders will receive $4.15 per share of Valpey-Fisher stock they own.
The Valpey-Fisher Board of Directors has agreed to tender
their shares, representing 33% of the Company's outstanding common
stock.
Click here to learn how to join the action:
http://www.zlk.com/valpey-fisher-vpf, or call: 877-363-5972.
The investigation concerns whether the Valpey-Fisher Board of
Directors breached their fiduciary duties to Valpey-Fisher
stockholders by failing to adequately shop the Company before
entering into this transaction and whether CTS Corporation is
underpaying for Valpey-Fisher shares, thus unlawfully harming
Valpey-Fisher stockholders.
If you own common stock in Valpey-Fisher 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 http://www.zlk.com.
Levi & Korsinsky is a national firm with offices in
New York, California and Washington D.C. The firm has extensive
expertise in prosecuting investor securities litigation involving
financial fraud and represents investors throughout the nation,
concentrating its practice in securities and shareholder
litigation. The attorneys at Levi & Korsinsky have been
appointed by numerous courts throughout the country to serve as
lead counsel on behalf of shareholders in major litigations
involving mergers and acquisitions. For more information,
please feel free to contact any of the attorneys listed below.
Attorney advertising. Prior results do not guarantee similar
outcomes.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 15th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP