Morgan & Morgan Announces the Investigation of Supertex, Inc. SUPX

NEW YORK, Feb. 12, 2014 /PRNewswire/ -- Morgan & Morgan announces that it is investigating potential legal claims against the board of directors of Supertex, Inc. ("Supertex" or the "Company") (SUPX) concerning the proposed acquisition of the Company by Microchip Technology Incorporated in a cash deal valued at approximately $394 million.

Under the terms of the proposed transaction, Supertex stockholders will receive $33.00 in cash for each share of Supertex owned.

If you own shares of Supertex and want more information about  the Supertex takeover investigation please contact George Pressly, Esq. at 1(800) 631-6234 or email George at [email protected].

Our investigation concerns possible breaches of fiduciary duty and other violations of law by Supertex's Board of Directors for not acting in the best interest of the Company's shareholders' in connection with the sale process. 

Morgan & Morgan is one of the nation's largest 200 law firms. In addition to securities fraud, the firm also practices in the areas of antitrust, personal injury, consumer protection, overtime, and product liability.  All of the Firm's legal endeavors are rooted in its core mission: provide investor and consumer protection and always fight "for the people." 

Attorney advertising. Prior results do not guarantee a similar outcome.

Contact:
Morgan & Morgan
Peter Safirstein, Esq.
28 West 44^th Street
Suite 2001
New York, NY  10036
1-800-631-6234
[email protected]

SOURCE Morgan & Morgan

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