Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of Power-One, Inc. Shareholders

  Law Firm Kirby McInerney LLP Investigating Potential Claims on Behalf of
  Power-One, Inc. Shareholders

Business Wire

NEW YORK -- April 23, 2013

Kirby McInerney LLP is investigating potential claims against the Board of
Directors of Power-One, Inc. (“Power-One” or the “Company”) (NASDAQ: PWER)
related to the proposed acquisition of the Company by ABB Ltd. (“ABB”). Under
the terms of the proposal, ABB will acquire all of the outstanding common
stock of Power-One for $6.35 per share in cash, for a total transaction value
of approximately $1 billion, which includes Power-One’s net cash holdings of
$266 million.

The investigation concerns whether the Power-One Board of Directors violated
its fiduciary duties by agreeing to this transaction and whether the proposed
$6.35 per share consideration adequately values Power-One common shares.

If you are a Power-One shareholder and wish to obtain additional information,
please contact J.Brandon Walker, Esq. by email at bwalker@kmllp.com, by
telephone at (212) 699-1145 or (888) 529-4787, or by filling out this contact
form.

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

Contact:

Kirby McInerney LLP
J.Brandon Walker, Esq.
212-699-1145 or 888-529-4787
bwalker@kmllp.com
 
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