Former United States Securities and Exchange Commission attorney Willie
Briscoe and the securities litigation firm of Powers
Taylor LLP are investigating potential claims against the Board of
Directors of TriQuint Semiconductor, Inc. (“TriQuint”) (NasdaqGS: TQNT)
related to the merger with RF Micro Devices, Inc. for shareholders.
Under the terms of the definitive merger agreement valued at
approximately $1.5 billion, TriQuint shareholders will only receive
1.675 shares of the new combined company. Based on the February 21, 2014
closing, this represents a cash value of approximately $9.23 per share,
well below at least one analyst’s estimated value of $10 per share.
If you are an affected investor, and you want to learn more about the
lawsuit or join the action, contact Willie Briscoe at The Briscoe Law
Firm, PLLC, (214) 239-4568, or via email at WBriscoe@TheBriscoeLawFirm.com,
or Patrick Powers at Powers Taylor LLP, toll free (877) 728-9607, via
e-mail at firstname.lastname@example.org.
There is no cost or fee to you.
The TriQuint investigation centers on whether TriQuint’s Board of
Directors is acting in the shareholders’ best interests, whether the
board is properly considering the proposed price for the shareholders,
and whether the board has employed an adequate process to review and act
on the proposed transaction. Notably, at least one analyst with Yahoo!
Finance estimates that the true inherent value of TriQuint could be as
high as $10 per share.
Briscoe Law Firm, PLLC is a full service business litigation and
shareholder rights advocacy firm with more than 20 years of experience
in complex litigation and transactional matters.
Taylor LLP is a boutique litigation law firm that handles a variety
of complex business litigation matters, including claims of investor and
stockholder fraud, shareholder oppression, shareholder derivative suits,
and security class actions.
The Briscoe Law Firm, PLLC
Willie Briscoe, 214-239-4568
Patrick Powers, 877-728-9607
Source: Powers Taylor LLP