Goldfarb Branham LLP is investigating the proposed acquisition of Verigy, Ltd. (NASDAQ: VRGY) by the Advantest Corporation to determine whether Verigy’s board of directors breached shareholder protection laws by failing to shop the company for the best price available to shareholders. Concerned Verigy stockholders are encouraged to contact attorney Hamilton Lindley toll-free at 877-583-2855 or at hlindley@goldfarbbranham.com.

“Under the terms of the agreement, announced March 28, 2011, Verigy stockholders will receive $15.00 in cash per each VRGY common stock held,” said securities lawyer Hamilton Lindley. “Analysts have set the target price as high as $16.00 per share, and there is reason to believe that this transaction undervalues the company. We want to ensure that the board’s negotiating process was both fair and prudent.”

Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Verigy investors – or anyone with knowledge about this issue – should contact lawyer Hamilton Lindley at hlindley@goldfarbbranham.com or 877-583-2855.

Copyright Business Wire 2010

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