The Law Firm of Weiss & Lurie Investigates the Acquisition of Advanced Analogic Technologies
May 27 2011 - 2:19PM
Business Wire
Weiss & Lurie, a national class action and shareholder
rights law firm with offices in New York City and Los Angeles, is
investigating possible breaches of fiduciary duty and other
violations of law by the Board of Directors of Advanced Analogic
Technologies Incorporated (“AATI”) (NASDAQ: AATI), arising from its
proposed acquisition by Skyworks Solutions, Inc. (NASDAQ:
SWKS).
Under the proposed transaction, AATI shareholders will receive
the nominal price of $6.13 per share, consisting of $3.68 in cash
and 0.08725 of a share of Skyworks common stock for each share of
AATI stock.
Weiss & Lurie is investigating whether AATI’s Board acted in
the best interests of shareholders in approving the transaction and
whether the Board properly sought to maximize shareholder value,
such as by adequately shopping the Company. Shareholders have the
right to know the process and rationale of AATI’s Board in
approving the transaction, as well as any conflicts of
interest.
If you own AATI shares and would like more information about
your rights as a shareholder or additional information concerning
our investigation, please contact Julia J. Sun either by email at
info@weisslurie.com or by telephone at (888) 593-4771.
Weiss & Lurie 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
institutions and individuals and obtained important corporate
governance in these cases. If you have information or would like
legal advice concerning possible corporate wrongdoing (such as
insider trading, waste of corporate assets, accounting fraud, or
issuing materially misleading press releases or SEC filings),
consumer fraud (such as false advertising, defective products, or
other deceptive business practices), or anti-trust violations,
please email us at info@weisslurie.com or fill out the form on our
website, http://www.weisslurie.com/contact/report_fraud/.
Attorney Advertising. Past results do not guarantee a similar
outcome.
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