Mindspeed Shareholder Alert: Former SEC Attorney Willie Briscoe & Powers Taylor LLP Investigate Acquisition Proposal by M/A-C...
November 06 2013 - 2:39PM
Business Wire
Former United States Securities and Exchange Commission attorney
Willie Briscoe and the securities litigation firm of Powers Taylor
LLP are investigating potential claims against the Board of
Directors of Mindspeed Technologies, Inc. (“Mindspeed”) (NasdaqGS:
MSPD) related to the proposed acquisition by M/A-COM Technology
Solutions Holdings, Inc. for shareholders. Under the terms of the
proposed transaction valued at approximately $270 million,
Mindspeed shareholders will only receive $5.05 in cash for each
share owned, well below the 52-week high of $5.27 per share.
If you are an affected investor, and you want to learn more
about the lawsuit or join the action, contact Willie Briscoe at The
Briscoe Law Firm, PLLC, (214) 239-4568, or via email at
WBriscoe@TheBriscoeLawFirm.com, or Zach Groover at Powers Taylor
LLP, toll free (877) 728-9607, or via email at
shareholder@powerstaylor.com. There is no cost or fee to you.
The Mindspeed investigation centers on whether Mindspeed’s Board
of Directors is acting in the shareholders’ best interests, whether
the board is properly considering the proposed price for the
shareholders, and whether the board has employed an adequate
process to review and act on the proposed transaction.
The Briscoe Law Firm, PLLC is a full service business litigation
and shareholder rights advocacy firm with more than 20 years of
experience in complex litigation and transactional matters.
Powers Taylor LLP is a boutique litigation law firm that handles
a variety of complex business litigation matters, including claims
of investor and stockholder fraud, shareholder oppression,
shareholder derivative suits, and security class actions.
The Briscoe Law Firm, PLLCWillie Briscoe,
214-239-4568WBriscoe@TheBriscoeLawFirm.comorPowers Taylor LLPZach
Groover, 877-728-9607shareholder@powerstaylor.com
Mindspeed Technologies, Inc. (MM) (NASDAQ:MSPD)
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