Buyout Of Conexant Systems Causes Shareholder Claim Investigation By Goldfarb Branham LLP

Goldfarb Branham LLP is investigating whether the Board of Directors of Conexant Systems, Inc. (NASDAQ: CNXT) violated shareholder protection laws in connection with the proposed buyout by Standard Microsystems for $1.125 per share in cash and the remainder in Standard stock. If you are a Conexant shareholder – or have knowledge of this transaction – attorney Hamilton Lindley can be contacted at 877-583-2855 or hlindley@goldfarbbranham.com.

“Conexant stockholders will receive $1.125 in cash and $1.125 in Standard Microsystems Corporation stock, pursuant to the proposed buyout,” securities lawyer Hamilton Lindley said. “The offer price represents a 19% premium to Conexant’s Friday closing price of $1.89 a share. Our potential class action lawsuit seeks to ensure that the Board of Directors maximizes value for Conexant investors in this buyout.”

Goldfarb Branham’s lawyers have significant experience representing individual and institutional investors in over 100 shareholder class action cases. A firm securities lawyer, Hamilton Lindley, can be reached at hlindley@goldfarbbranham.com or 877-583-2855 to discuss the impact of this buyout on Conexant shareholders. The firm is not afraid to give advice, stand by it, and go to court to get results.

Copyright Business Wire 2010

More from Press Releases

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

NFL Pushes for Regulation Following Supreme Court's Sports Gambling Ruling

21st Century Fox Scoops Up Local News Stations

21st Century Fox Scoops Up Local News Stations

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Walmart CEO: 'We Are Transforming Globally' With Flipkart

Three-Part FREE Webinar Series

Three-Part FREE Webinar Series

March 24 Full-Day Course Offering: Professional Approach to Trading SPX

March 24 Full-Day Course Offering: Professional Approach to Trading SPX