GIGPEAK, INC. SHAREHOLDER ALERT: Former SEC Attorney Willie Briscoe Believes the Acquisition by Integrated Device Technology, Inc. May be Unfair to Shareholders

DALLAS–(BUSINESS WIRE)–Former United States Securities and Exchange Commission attorney Willie

Briscoe is investigating potential claims against the Board of

Directors of GigPeak, Inc. (“GigPeak”) (NYSE MKT: GIG) concerning the

acquisition by Integrated Device Technology, Inc. Under the terms of the

agreement, valued at approximately $250 million, GigPeak shareholders

will only receive $3.08 in cash per GigPeak share owned. The

consideration is significantly lower than at least one analyst’s

estimated value of $4.00 per share.

If you are an affected investor, and you want to learn more about the

investigation or if you have information that you believe would be

helpful to our investigation of the fairness of the proposed

transaction, contact Willie Briscoe at The Briscoe Law Firm, PLLC via

email at

or by calling (888) 809-2750. There is no cost or fee to you.

The investigation centers on whether GigPeaks’s Board of Directors is

acting in the shareholders’ best interests, whether the board considered

alternatives to the acquisition, and whether the board has employed an

adequate process to review and act on the proposed transaction. Notably,

at least one analyst with Yahoo! Finance believes the true inherent

value of GigPeak could be as high as $4.00 per share.


Briscoe Law Firm, PLLC is a full-service business litigation and

shareholder rights advocacy firm with more than 20 years of experience

in complex litigation matters, including claims of investor and

stockholder fraud, shareholder derivative suits, and securities class



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