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 http://www.blogigo.com/obsoleteinciden8/Marijuana-legalization-will-California-ballot-Reuters/11/ 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 firstname.lastname@example.org
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 https://www.rebelmouse.com/mae8lane03/gop-president-elect-donald-trump-says-same-sex-marriage-is-settled-law-2190963897.html 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