NEW YORK--(BUSINESS WIRE)--Lynda J. Grant, an attorney with over 30 years of experience representing wronged shareholders and consumers and a New York Metro Superlawyer, announces that TheGrantLawFirm, PLLC is investigating potential breaches of fiduciary duty claims against AVX Corporation (“AVX”)(AVX: NYSE) and its directors.
On about November 27, 2019, Kyocera Corporation (“Kyocera”) announced that it made a proposal to the AVX special committee to acquire all outstanding shares of common stock of AVX that it does not already own for $19.50. Kyocera owns about 72% of AVX’s outstanding shares, and controls AVX.
TheGrantLawFirm is presently investigating whether the potential transaction is fair and whether any steps taken by the board violates their fiduciary duties. If you are a shareholder of AVX and would like additional information regarding this matter, please contact Lynda J. Grant at 212-292-4441 or lgrant@grantfirm.com.
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