BALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of Integrated Silicon Solution, Inc. ("Integrated Silicon” or "the Company") (Nasdaq: ISSI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a consortium led by Summitview Capital. (“Summitview”).
Click here to learn more about the investigation http://brodsky-smith.com/904-issi-integrated-silicon-solution-inc.html, or call: 877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Integrated Silicon shareholders will receive only $19.25 in cash for each share of Integrated Silicon stock they own. The investigation concerns whether the Board of Integrated Silicon breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Summitview is underpaying for Integrated Silicon. The transaction may undervalue Integrated Silicon, which is a leader in advanced memory and analogic solutions. The Company recently announced its high performance matrix LED driver for use in automotive, consumer, industrial and emerging applications. In addition, an analyst has recently set a $20.00 per share price target for Integrated Silicon stock.
If you own shares of Integrated Silicon stock and wish to discuss the legal ramifications of the investigation, 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 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/904-issi-integrated-silicon-solution-inc.html, or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.