Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Planar Systems, Inc. Stockholders

NEW YORK--(BUSINESS WIRE)--Kirby McInerney LLP is investigating potential claims against the Board of Directors of Planar Systems, Inc. (“Planar Systems” or the “Company”) (NASDAQ:PLNR) concerning the proposed acquisition of the Company by Leyard Optoelectronic Co., Ltd. Pursuant to the terms of the definitive merger agreement, Planar Systems stockholders will receive $6.58 in cash for each share of Planar Systems common stock they own, in a transaction valued at approximately $156.8 million.

The investigation concerns whether the Planar Systems Board of Directors violated its fiduciary duties by agreeing to the proposed transaction and whether the proposed consideration adequately values the Company’s common stock.

If you are a Planar Systems stockholder and wish to obtain additional information, please contact J. Brandon Walker, Esq. by email at [e-mail], or telephone at [phone] or toll free at [phone], or by filling out this contact form. There is no cost or obligation to you.

Kirby McInerney LLP is a New York-based law firm concentrating in securities, whistleblower, antitrust and consumer litigation. For additional information, please go to www.kmllp.com.