Ryan & Maniskas, LLP Announces Investigation of Advanced Analogic Technologies, Inc.
June 01 2011 - 10:27AM
Business Wire
Ryan & Maniskas, LLP (www.rmclasslaw.com/cases/aati) is
investigating potential claims against the board of directors of
Advanced Analogic Technologies, Inc. ("Advanced Analogic" or the
"Company") (NASDAQ: AATI) concerning possible breaches of fiduciary
duty and other violations of law related to the Company’s efforts
to sell Advanced Analogic to Skyworks Solutions, Inc. in a
transaction valued at approximately $262 million.
Our investigation concerns possible breaches of fiduciary duty
and other violations of law related to the approval of the
transaction by Company’s board of directors; in particular, whether
the Company undertook a fair process to obtain fair consideration
for all shareholders of Advanced Analogic. For more information
regarding our investigation, please contact Ryan & Maniskas,
LLP (Richard A. Maniskas, Esquire) toll-free at (877) 316-3218 or
by email at rmaniskas@rmclasslaw.com or visit:
www.rmclasslaw.com/cases/aati.
Under the terms of the definitive agreement, Advanced Analogic
shareholders will receive $3.68 in cash and 0.08725 of a share of
Skyworks Solutions, Inc. common stock for each share of Advanced
Analogic common stock that they own.
If you own shares of Advanced Analogic and would like to learn
more about these claims or if you wish to discuss these matters and
have any questions concerning this announcement or your rights,
contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or
to sign up online, visit: www.rmclasslaw.com/cases/aati. You may
also email Mr. Maniskas at rmaniskas@rmclasslaw.com. For more
information about class action cases in general, please visit our
website: www.rmclasslaw.com.
Ryan & Maniskas, LLP is a national shareholder litigation
firm. Ryan & Maniskas, LLP is devoted to protecting the
interests of individual and institutional investors in shareholder
actions in state and federal courts nationwide.
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