Buyout for $7.35 Per Share Prompts Magma Design Shareholder Claim Investigation by Goldfarb Branham LLP
DALLAS, Dec. 1, 2011 /PRNewswire/ -- Goldfarb Branham LLP is investigating whether certain officers and directors of Magma Design Automation (NASDAQ: LAVA) violated shareholder protection laws by agreeing to a sale of the company for $7.35 per share to Synopsys, Inc. Concerned Synopsys investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or [email protected] about their rights and remedies.
"Magma stock traded as high as $8.45 in July," said Hamilton Lindley. "In fact, there are at least three analysts who had price targets from $7.50 to $11.00 per share for the stock. Our proposed shareholder lawsuit seeks to ensure that the Magma stockholders receive the most money and information that the law allows."
Goldfarb Branham LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide. Magma investors – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at [email protected] or 877-583-2855.
Hamilton Lindley
Goldfarb Branham LLP
2501 N. Harwood, Ste. 1801
Dallas, TX 75201
(877) 583-2855 Toll Free Telephone
(214) 583-2233 Local Phone Number
(214) 583-2234 Fax Number
[email protected]
www.goldfarbbranham.com
SOURCE Goldfarb Branham LLP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article