|By PR Newswire||
|August 27, 2014 05:35 PM EDT||
DALLAS, Aug. 27, 2014 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam announce an investigation of the board of GSI Technology (NASDAQ-NMS: GSIT) in connection with a buyout for only $6.50 per share. Concerned GSIT investors are encouraged to contact attorney Hamilton Lindley by clicking here.
"The stock traded above the offer price less than 5 months ago and the revenues and book value multiples are below the averages of comparable transactions," said securities lawyer Hamilton Lindley. "Our potential shareholder lawsuit will seek to ensure GSI Technology shareholders receive the highest price reasonably available for their stock and that all relevant information is disclosed."
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. GSIT stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] with questions or concerns or visit http://www.dunnamlaw.com/GIG.
SOURCE Dunnam & Dunnam
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