NEW YORK, Dec. 19, 2019 /PRNewswire/ -- WeissLaw
LLP is investigating possible breaches of fiduciary duty and
other violations of law by the Board of Directors (the "Board") of
Xperi Corporation ("Xperi" or the "Company") (NASDAQ:XPER) and TiVo
Corporation (NASDAQ:TIVO) in connection with their proposed
merger. Under the terms of the merger agreement, XPER and
TIVO shares will both be exchanged for shares of a combined company
based on a fixed exchange ratio of 0.455 XPER share per TIVO
share. TIVO stockholders will own 53.5% and XPER stockholders
will own 46.5% of the new parent company. The deal is
scheduled to close in the second quarter of 2020.
If you own XPER or TIVO shares and wish to discuss this
investigation or have any questions concerning this notice or your
rights or interests, visit our website:
https://weisslawllp.com/xperi-and-tivo-corporations-investigation/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16th Floor
New York, NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Given these facts, WeissLaw is concerned whether the proposed
merger undervalues the Company with the Board running an unfair
process and whether all material information related to the
proposed merger is fully and fairly disclosed.
WeissLaw LLP 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 clients and obtained important corporate governance
relief in many of these cases. If you have information or
would like legal advice concerning possible corporate wrongdoing
(including insider trading, waste of corporate assets, accounting
fraud, or materially misleading information), consumer fraud
(including false advertising, defective products, or other
deceptive business practices), or anti-trust violations, please
email us at stockinfo@weisslawllp.com
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SOURCE WeissLaw LLP