Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Valpey-Fisher Corporation (“Valpey-Fisher” or the “Company”) (Nasdaq: VPF) relating to the proposed acquisition by CTS Corporation.

Under the terms of the transaction, Valpey-Fisher shareholders would receive $4.15 in cash for each share of Valpey-Fisher stock they own. The investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Valpey-Fisher for not acting in the Company’s shareholders' best interests in connection with the sale process to CTS Corporation. The transaction may undervalue Valpey-Fisher as Valpey-Fisher stock traded at $4.37 as recently as March 1, 2011. In addition, members of Valpey-Fisher have agreed to tender their shares, representing 33% of the Company’s outstanding common stock.

If you own shares of Valpey-Fisher stock and wish to discuss the legal ramifications of the proposed transaction, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004, by e-mail at investorrelations@brodsky-smith.com, visiting http://brodsky-smith.com/360-vpf-valpey-fisher-corporation.html, or by calling toll free 877-LEGAL-90.

Copyright Business Wire 2010

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