Bigband Networks (MM) (NASDAQ:BBND)
Historical Stock Chart
5 Years : From Feb 2012 to Feb 2017
Law Offices of Howard G. Smith announces that it is investigating
potential claims against the Board of Directors of BigBand Networks,
Inc. (“BigBand” or the “Company”) (NASDAQ:BBND) related to the proposed
acquisition of the Company by Arris Group, Inc. The transaction is
valued at approximately $32 million or $2.24 per share.
The investigation concerns whether the Board of Directors of BigBand
breached their fiduciary duties to stockholders by failing to adequately
shop the Company before agreeing to enter into the proposed transaction,
and whether the Company has disclosed all material information to
shareholders about the transaction. BigBand stock traded as high as
$3.28 on November 5, 2010. Further, at least one analyst has set a
target price for the Company’s stock at $2.75.
If you are a shareholder of BigBand, if you have information or would
like to learn more about these claims, or if you wish to discuss these
matters or have any questions concerning this announcement or your
rights or interests with respect to these matters, please contact Howard
G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike,
Suite 112, Bensalem, Pennsylvania 19020 by telephone at (215) 638-4847,
Toll Free at (888) 638-4847, or by email to [email protected],
or visit our website at http://www.howardsmithlaw.com.