Ryan & Maniskas, LLP Announces Investigation of LSI Corporation
WAYNE, Pa., Dec. 17, 2013
WAYNE, Pa., Dec. 17, 2013 /PRNewswire/ --Ryan & Maniskas, LLP is
investigating potential claims against the board of directors of LSI
Corporation ("LSI" or the "Company") (NASDAQ: LSI) concerning possible
breaches of fiduciary duty and other violations of law related to the
Company's efforts to sell the Company to Avago Technologies Limited in a cash
deal valued at approximately $6.6 billion.
If you own shares of LSI and would like to learn more about these claims or if
you wish to discuss these matters and have any questions concerning this
announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at
(877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/lsi. You
may also email Mr. Maniskas at firstname.lastname@example.org.
Under the terms of the proposed transaction, LSI's stockholders will receive
$11.15 for each share of LSI common stock they own.
Our investigation concerns possible breaches of fiduciary duty and other
violations of state law by LSI's Board of Directors for not acting in the
Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan &
Maniskas, LLP is devoted to protecting the interests of individual and
institutional investors in shareholder actions in state and federal courts
nationwide. To learn more about the class action process, please visit:
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
SOURCE Ryan & Maniskas, LLP
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