Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mattson Technology Inc.
NEW YORK, Dec. 9, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mattson Technology Inc. ("Mattson" or the "Company") (NasdaqGS:MTSN) for potential breaches of fiduciary duties in connection with the sale of the Company for approximately $300 million.
The Company's stockholders will only receive $3.80 per share in cash for each share of Company common stock they own. However the offer might not be adequate since Mattson has traded as high as $5.10 per share as recently as March 3, 2015.
Click here for more information: www.faruqilaw.com/MTSN. There is no cost or obligation to you.
The investigation focuses on whether Company'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 Company'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 achieved significant victories on behalf of its clients. Follow us on Twitter at www.twitter.com/MergerActivity or on Facebook at www.facebook.com/FaruqiLaw.
If you own common stock in Company and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MTSN or contact Juan Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.
Contact:
Faruqi & Faruqi, LLP
685 3rd Avenue, 26th Floor
New York, NY 10017
Attn: Juan Monteverde, Esq.
[email protected]
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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