|By PR Newswire||
|August 22, 2014 08:00 PM EDT||
NEW YORK, Aug. 22, 2014 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of International Rectifier Corp. ("IRF" or the "Company") (NYSE: IRF) for potential breaches of fiduciary duties in connection with the sale of the Company to Infineon Technologies AG ("Infineon") for approximately $3 billion in cash. The Company's stockholders will only receive $40 for each share of IRF common stock they own.
Click here for more information: www.faruqilaw.com/IRF. There is no cost or obligation to you.
The investigation focuses on whether IRF's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of IRF's shareholders.
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. To keep track of the latest securities litigation news, follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in IRF and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/IRF or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
Attorney Advertising. (C) 2014 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.
SOURCE Faruqi & Faruqi, LLP
SYS-CON Events announced today that Pulzze Systems will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Pulzze Systems, Inc. provides infrastructure products for the Internet of Things to enable any connected device and system to carry out matched operations without programming. For more information, visit http://www.pulzzesystems.com.
Sep. 25, 2016 06:45 AM EDT Reads: 1,727
SYS-CON Events announced today the Enterprise IoT Bootcamp, being held November 1-2, 2016, in conjunction with 19th Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA. Combined with real-world scenarios and use cases, the Enterprise IoT Bootcamp is not just based on presentations but with hands-on demos and detailed walkthroughs. We will introduce you to a variety of real world use cases prototyped using Arduino, Raspberry Pi, BeagleBone, Spark, and Intel Edison. Y...
Sep. 25, 2016 06:30 AM EDT Reads: 2,794
Sep. 25, 2016 05:45 AM EDT Reads: 1,602
Sep. 25, 2016 05:30 AM EDT Reads: 977
Sep. 25, 2016 04:45 AM EDT Reads: 1,498
Sep. 25, 2016 04:15 AM EDT Reads: 1,678
Sep. 25, 2016 04:15 AM EDT Reads: 1,380
Sep. 25, 2016 03:15 AM EDT Reads: 3,349
Sep. 25, 2016 03:00 AM EDT Reads: 1,470
Sep. 25, 2016 02:45 AM EDT Reads: 1,711
Sep. 25, 2016 02:45 AM EDT Reads: 874
Sep. 25, 2016 02:15 AM EDT Reads: 1,212
Sep. 25, 2016 12:45 AM EDT Reads: 1,929
Sep. 25, 2016 12:45 AM EDT Reads: 1,036
Sep. 25, 2016 12:30 AM EDT Reads: 1,600