Nov. 17, 2011
/PRNewswire/ -- Levi & Korsinsky is investigating the Board of Directors of Valpey-Fisher Corporation ("Valpey-Fisher" or the "Company") (NASDAQ: VPF) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to CTS Corporation (NYSE: CTS). Under the terms of the transaction, Valpey-Fisher shareholders will receive
per share of Valpey-Fisher stock they own. The Valpey-Fisher Board of Directors has agreed to tender their shares, representing 33% of the Company's outstanding common stock.
Click here to learn how to join the action:
, or call: 877-363-5972.
The investigation concerns whether the Valpey-Fisher Board of Directors breached their fiduciary duties to Valpey-Fisher stockholders by failing to adequately shop the Company before entering into this transaction and whether CTS Corporation is underpaying for Valpey-Fisher shares, thus unlawfully harming Valpey-Fisher stockholders.
If you own common stock in Valpey-Fisher and wish to obtain additional information, please contact
Joseph E. Levi, Esq.
either via email at
or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or
Levi & Korsinsky is a national firm with offices in
The firm has extensive expertise in prosecuting investor securities litigation involving financial fraud and represents investors throughout the nation, concentrating its practice in securities and shareholder litigation. 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 litigations involving mergers and acquisitions. 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 - 15th Floor
New York, NY
10004Tel: (212) 363-7500Toll Free: (877) 363-5972Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP