DALLAS--(BUSINESS WIRE)--Kendall Law Group, led by former federal Judge Joe Kendall, has launched an investigation into the proposed sale of Pericom Semiconductor Corporation (NASDAQ: PSEM) and its Board of Directors on behalf of shareholders in connection with the proposed sale to Diodes Incorporated. Pursuant to the terms of the agreement, Pericom shareholders will only receive $17.00 in cash for each share of Pericom owned.
The national securities firm’s investigation seeks to determine whether Pericom and its Board breached their fiduciary duties by failing to fulfill its fiduciary duties, failing to maximize the value of the Company, failing to disclose all material benefits and costs, and failing to obtain the best possible consideration for Pericom shareholders.
If you currently own shares of Pericom and you believe that the buyout price is too low or if you’re interested to learn more about your legal rights, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at firstname.lastname@example.org to learn more about your rights as a shareholder. There is no cost or obligation to you. Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in nationwide complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.