Faruqi & Faruqi, LLP Announces Investigation of Advanced Analogic Technologies, Inc.
May 27 2011 - 8:00PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating and monitoring the
conduct of the Board of Directors of Advanced Analogic
Technologies, Inc. (“Advanced Analogic” or the “Company”)
(NasdaqGS: AATI) in relation to the sale of the Company to Skyworks
Solutions Inc. (“Skyworks”) (NasdaqGS: SWKS) for approximately
$262.5 million in cash and stock. The proposed transaction offers
Advanced Analogic’s shareholders $3.68 in cash and 0.08725 share of
Skyworks common stock for each share of the Company. This
represents a value of about $6.13 per share for Advanced
Analogic.
Request more information now by clicking here:
www.faruqilaw.com/AATI
Whether the Advanced Analogic’s Board of Directors breached
their fiduciary duties to the stockholders by failing to conduct an
adequate and fair sales process to sell the Company prior to
agreeing to this proposed transaction, whether the proposed
transaction undervalues Advanced Analogic’s shares and by how much
this proposed transaction undervalues the Company to the detriment
of Advanced Analogic’s shareholders are the key focus of this
investigation.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, through all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients.
If you own common stock in Advanced Analogic Technologies and
wish to obtain additional information, please visit us at
www.faruqilaw.com/AATI or contact Juan E. Monteverde, Esq. either
via e-mail at jmonteverde@faruqilaw.com or by telephone at (877)
247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2011 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Advanced Analogic (NASDAQ:AATI)
Historical Stock Chart
From May 2024 to Jun 2024
Advanced Analogic (NASDAQ:AATI)
Historical Stock Chart
From Jun 2023 to Jun 2024