NEW YORK, June 13, 2012 /PRNewswire/ -- Levi &
Korsinsky is investigating the Board of Directors of Micronetics,
Inc. ("Micronetics" or the "Company") (Nasdaq: NOIZ) for possible
breaches of fiduciary duty and other violations of state law in
connection with the sale of the Company to Mercury Computer
Systems, Inc. (Nasdaq: MRCY).
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Click here to learn how to join the action:
http://zlk.9nl.com/micronetics-noiz, or call: 877-363-5972. There
is no cost or obligation to you.
Under the terms of the transaction, Micronetics shareholders
will receive $14.80 for each share of
Micronetics stock they own. The transaction has an approximate
total value of $75.4 million.
The investigation concerns whether the Micronetics Board of
Directors breached their fiduciary duties to Micronetics
stockholders by failing to adequately shop the Company before
entering into this transaction and whether Mercury Computer
Systems, Inc. is underpaying for Micronetics shares, thus
unlawfully harming Micronetics stockholders.
If you own common stock in Micronetics 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 http://zlk.9nl.com/micronetics-noiz.
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.
CONTACT:
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY
10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
SOURCE Levi & Korsinsky, LLP