DALLAS, May 30, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP announce an investigation into alleged violations of shareholder protection laws by officers and directors of LeCroy Corporation (NASDAQ: LCRY) in connection with a buyout for $14.30 per share to Teledyne Technologies, Inc. Concerned LCRY investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or firstname.lastname@example.org about their rights and remedies. "At least one analyst has targeted the price of LCRY stock at $16.00 per share," said Hamilton Lindley. "Our proposed investor class action seeks to ensure that, if sold, the company has been adequately and fairly shopped and that shareholder interests are protected in terms of price and information." Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. LCRY stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at email@example.com or 877-583-2855 with questions or concerns. Hamilton Lindley Goldfarb LLP2501 N. Harwood, Ste. 1801 Dallas, TX 75201(877) 583-2855 Toll Free Telephone (214) 583-2233 Local Phone Number (214) 583-2234 Fax Number www.goldfarbllp.com SOURCE Goldfarb LLP
Shares of LeCroy Corporation (Nasdaq:LCRY) have taken a tremendous swing upward. The stock is trading at $14.15 as of 9:30 a.m. ET, 54.8% above Friday's closing price of $9.14. Volume is at 4.3 million, 68.5 times the daily average of 63,100.
Shares of LeCroy Corporation (Nasdaq:LCRY) have taken a tremendous swing upward. The stock is trading at $10.57 as of 2:09 p.m. ET, 20.5% above Tuesday's closing price of $8.77. Volume is at 262,746, 2.5 times the daily average of 105,500.
LeCroy Corporation (Nasdaq:LCRY) hit a new 52-week high Monday as it changed hands at $15.64 compared with its previous 52-week high of $15.50. LeCroy is currently trading at $15.62 with 10,991 shares changing hands as of 9:30 a.m..