EQUITY ALERT: The Rosen Law Firm Announces Investigation of Fusion-io, Inc. (FIO) Concerning the Proposed Acquisition by SanD...
17 6월 2014 - 5:19AM
Business Wire
The Rosen Law Firm, P.A. is investigating the Board of Directors
of Fusion-io, Inc. (NYSE:FIO) for possible breaches of fiduciary
duties and other violations of law by failing to adequately shop
Fusion-io to maximize shareholder value before entering into an
agreement with SanDisk Corp. (NASDAQ:SNDK).
If you would like to join the action, please call Phillip Kim,
Esq. or Kevin Chan, Esq. toll-free, at 866-767-3653; or email at
pkim@rosenlegal.com or kchan@rosenlegal.com or visit the website
http://rosenlegal.com/buyoutcases.html. There is no cost or
obligation to you.
Under the terms of the proposed transaction, shareholders will
receive $11.25 in cash for each share of Fusion-io stock they own.
The offer of $11.25 per share falls well below Fusion-io’s 52-week
high of $15.59 per share. Furthermore, the proposed transaction is
valued at approximately $1.1 billion, which is $370 million less
than Fusion-io’s 2011 IPO valuation. The investigation relates to
whether the proposal is fair to public shareholders and whether
Fusion-io’s Board of Directors breached its fiduciary duties in
connection with the proposed transaction.
If you own and purchased Fusion-io common stock before June 16,
2014 and wish to obtain additional information, please visit the
website at http://rosenlegal.com/buyoutcases.html. You may also
contact Phillip Kim, Esq. or Kevin Chan, Esq. of The Rosen Law Firm
toll free at 866-767-3653 or via e-mail at pkim@rosenlegal.com or
kchan@rosenlegal.com.
The Rosen Law Firm represents investors throughout the globe,
concentrating its practice in securities class actions and
shareholder derivative litigation.
Attorney Advertising. Prior results do not guarantee a similar
outcome.
The Rosen Law Firm P.A.Phillip Kim, Esq.Laurence Rosen,
Esq.Kevin Chan, Esq.275 Madison Avenue 34th FloorNew York, New York
10016Tel: 212-686-1060Toll Free: 1-866-767-3653Fax:
212-202-3827pkim@rosenlegal.comlrosen@rosenlegal.comkchan@rosenlegal.comwww.rosenlegal.com
Fusion-IO, Inc. (NYSE:FIO)
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Fusion-IO, Inc. (NYSE:FIO)
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부터 3월(3) 2024 으로 3월(3) 2025
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