WILMINGTON, Del.--(BUSINESS WIRE)--Rigrodsky & Long, P.A.:
- Do you own shares of Cavium, Inc. (NASDAQ GS: CAVM)?
- Did you purchase any of your shares prior to November 20, 2017?
- Do you think the proposed buyout is fair?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Cavium, Inc. (“Cavium” or the “Company”) (NASDAQ GS: CAVM) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Marvell Technology Group Ltd. (“Marvell”) (NASDAQ GS: MRVL) in a transaction valued at approximately $6 billion. Under the terms of the agreement, shareholders of Cavium will receive will receive $40.00 in cash and 2.1757 Marvell common shares for each share of Cavium common stock.
If you own common stock of Cavium and purchased any shares before November 20, 2017, if you would like to learn more about this investigation, or if you have any questions concerning this announcement or your rights or interests, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242, or by e-mail at firstname.lastname@example.org.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities fraud, shareholder corporate, and shareholder derivative litigation on behalf of shareholders in state and federal courts throughout the United States.
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