Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 16,408.54 -16.31 -0.10%
S&P 500 1,864.85 2.54 0.14%
NASDAQ 4,095.52 9.29 0.23%
Ticker Volume Price Price Delta
STOXX 50 3,155.81 16.55 0.53%
FTSE 100 6,625.25 41.08 0.62%
DAX 9,409.71 91.89 0.99%
Ticker Volume Price Price Delta
NIKKEI 14,516.27 98.74 0.68%
TOPIX 1,173.37 6.78 0.58%
HANG SENG 22,760.24 64.23 0.28%

Faruqi & Faruqi, LLP Launches An Investigation Against Parametric Sound Corporation (PAMT) For Potential Breaches Of Fiduciary



  Faruqi & Faruqi, LLP Launches An Investigation Against Parametric Sound
  Corporation (PAMT) For Potential Breaches Of Fiduciary Duties By Its Board
  Of Directors

Business Wire

NEW YORK -- January 16, 2013

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New
York City, is investigating the Board of Directors of Parametric Sound
Corporation (“Parametric Sound” or the “Company”) (NasdaqCM: PAMT) for
potential breaches of fiduciary duties in connection with their conduct in
seeking shareholders’ approval for an amendment to the Company’s 2012 Stock
Option Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities
and Exchange Commission on January 10, 2013, the Board of Directors recommends
that Parametric Sound’s shareholders vote to approve an amendment to the
Company’s 2012 Stock Option Plan to authorize the issuance of an additional
500,000 shares of common stock under the plan. The issuance of the additional
shares could have a substantial dilutive effect on the shares of Parametric
Sound’s common stock.

Request more information now by clicking here: www.faruqilaw.com/PAMT. There
is no cost or obligation to you.

Faruqi & Faruqi, LLP is a national law firm which represents investors and
individuals in class action litigation. The firm is focused on providing
exemplary legal services in complex litigation in the areas of securities,
shareholder, antitrust and consumer litigation, throughout all phases of
litigation. The firm has an experienced trial team which has achieved
significant victories on behalf of the firm’s clients.

If you own common stock in Parametric Sound and wish to obtain additional
information and protect your investments free of charge, please visit us at
www.faruqilaw.com/PAMT or contact Juan E. Monteverde, Esq. either via e-mail
at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212)
983-9330.

Attorney Advertising. (C) 2013 Faruqi & Faruqi, LLP. The law firm responsible
for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com). Prior
results do not guarantee or predict a similar outcome with respect to any
future matter. We are happy to discuss your particular case.

Contact:

Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
jmonteverde@faruqilaw.com
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Sponsored Links
Advertisement
Advertisements
Sponsored Links
Advertisement