INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of Hittite Microwave Corp. of Class Action Against Its Board of Dire...
17 Juni 2014 - 6:35PM
Marketwired
INVESTOR ALERT: Levi & Korsinsky, LLP Notifies Investors of
Hittite Microwave Corporation of Class Action Against Its Board of
Directors in Connection With the Sale of the Company to Analog
Devices, Inc. -- HITT
NEW YORK, NY--(Marketwired - Jun 17, 2014) - Levi &
Korsinsky notifies investors of Hittite Microwave Corporation
("Hittite" or "the Company") (NASDAQ: HITT) of claims of breaches
of fiduciary duty and other violations of state law in connection
with the sale of the Company to Analog Devices, Inc. (NASDAQ: ADI).
A complaint was filed in Delaware state court.
Click here to learn more about the investigation:
http://zlk.9nl.com/hittite-microwave-hitt, or call: 877-363-5972.
There is no cost or obligation to you.
Under the terms of the transaction, Hittite shareholders will
receive $78 in cash for each share of Hittite stock they own,
representing a total approximate transaction value of $2 billion.
The claims concern whether the Hittite Board of directors breached
their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into this transaction,
and whether Analog Devices, Inc. is underpaying for Hittite
shares.
If you own Hittite common stock 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 visit
http://zlk.9nl.com/hittite-microwave-hitt.
Levi & Korsinsky is a national firm with offices in New
York, New Jersey, Connecticut and Washington D.C. The firm's 26
attorneys have extensive expertise in prosecuting securities
litigation involving financial fraud, representing investors
throughout the nation in securities and shareholder lawsuits. For
more information, please feel free to contact any of the attorneys
listed below. Attorney advertising. Prior results do not guarantee
similar outcomes.
Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky,
Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212)
363-7500 Toll Free: (877) 363-5972 Fax: (866) 367-6510
www.zlk.com
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