SHAREHOLDER ALERT: Law Firm of Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the ...
August 14 2012 - 12:33PM
Business Wire
Levi & Korsinsky is investigating the Board of Directors of
FSI International, Inc. (“FSI” or the “Company”) (Nasdaq: FSII) for
possible breaches of fiduciary duty and other violations of state
law in connection with the sale of the Company to Tokyo Electron
Ltd. (TYO: 8035).
Click here to learn more about the investigation:
http://zlk.9nl.com/fsi-international-fsii, or call:
877-363-5972. There is no cost or obligation to you.
Under the terms of the transaction, FSI shareholders will
receive $6.20 per FSI share they own, for a total approximate
transaction value of $252.5 million. The investigation concerns
whether the FSI Board of Directors breached their fiduciary duties
to stockholders by failing to adequately shop the Company before
entering into this transaction and whether Tokyo Electron Ltd. is
underpaying for FSI shares, thus unlawfully harming FSI
stockholders. In particular, at least one analyst set a price
target for FSI stock at $7.50 per share.
If you own common stock in FSII 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/fsi-international-fsii.
Levi & Korsinsky is a national firm with offices in New York
and Washington D.C. The firm has extensive expertise in prosecuting
securities litigation involving financial fraud, representing
investors throughout the nation in securities and shareholder
lawsuits. The attorneys at Levi & Korsinsky have been appointed
by numerous courts throughout the country to serve as lead counsel
on behalf of shareholders in major securities lawsuits and have
successfully recovered multimillion-dollar damages awards on behalf
of investors. For more information, please feel free to contact any
of the attorneys listed below.Attorney advertising. Prior results
do not guarantee similar outcomes.
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