SHAREHOLDER ALERT: Faruqi & Faruqi, LLP is Investigating the Anaren, Inc (ANEN) Board of Directors For Possible Breaches of F...
November 14 2013 - 5:20PM
Business Wire
Faruqi & Faruqi, LLP, a leading national securities firm
headquartered in New York City, is investigating the Board of
Directors of Anaren, Inc.
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a
leading national securities firm headquartered in New York City, is
investigating the Board of Directors of Anaren, Inc. (“Anaren” or
the “Company”) (NasdaqGS:ANEN) for potential breaches of fiduciary
duties in connection with their conduct related to the sale of the
Company to an affiliate of The Veritas Capital Fund IV, L.P.
(Veritas Capital) in a cash deal valued at approximately $381
million. Under the terms of the proposed transaction, Anaren’s
stockholders will receive $28.00 for each share of Anaren common
stock they own.
Request more information now by clicking here:
www.faruqilaw.com/ANEN. There is no cost or
obligation to you.
The investigation focuses on whether Anaren’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by
failing to conduct an adequate and fair sales process prior to
agreeing to this proposed transaction, whether and by how much this
proposed transaction undervalues the Company to the detriment of
Anaren’s shareholders.
Faruqi & Faruqi, LLP is a national law firm which represents
investors and individuals in class action litigation. The firm is
focused on providing exemplary legal services in complex litigation
in the areas of securities, shareholder, antitrust and consumer
litigation, throughout all phases of litigation. The firm has an
experienced trial team which has achieved significant victories on
behalf of the firm’s clients. To keep track of the latest
securities litigation news, follow us on Twitter at
www.twitter.com/MergerActivity or on Facebook at
www.facebook.com/FaruqiLaw.
If you own common stock in Anaren, Inc. and wish to obtain
additional information and protect your investments free of charge,
please visit us at www.faruqilaw.com/ANEN or contact Juan E.
Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or
by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law
firm responsible for this advertisement is Faruqi & Faruqi, LLP
(www.faruqilaw.com). Prior results do not guarantee or predict a
similar outcome with respect to any future matter. We are happy to
discuss your particular case.
Faruqi & Faruqi, LLP369 Lexington Avenue, 10th FloorNew
York, NY 10017Attn: Juan E. Monteverde,
Esq.jmonteverde@faruqilaw.comToll Free: (877) 247-4292Phone: (212)
983-9330
Anaren, Inc. (MM) (NASDAQ:ANEN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Anaren, Inc. (MM) (NASDAQ:ANEN)
Historical Stock Chart
From Apr 2023 to Apr 2024