Ryan & Maniskas, LLP Announces Investigation of PMC-Sierra Inc.
WAYNE, Pa., Oct. 7, 2015 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of PMC-Sierra Inc. ("PMC-Sierra" or the "Company") (NASDAQ: PMCS) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Skyworks Solutions, Inc. in a transaction valued at approximately $2 billion.
If you own shares of PMC-Sierra and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/pmcs. You may also email Mr. Maniskas at [email protected].
Under the terms of the agreement, shareholders of PMC-Sierra will receive $10.50 in cash for each share of PMC-Sierra common stock.
Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of PMC-Sierra for not acting in the Company's shareholders' best interests in connection with the sale process.
Ryan & Maniskas, LLP is a national shareholder litigation firm. Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide. To learn more about the class action process, please visit: www.rmclasslaw.com.
CONTACT: Ryan & Maniskas, LLP
Richard A. Maniskas, Esquire
995 Old Eagle School Rd., Suite 311
Wayne, PA 19087
877-316-3218
www.rmclasslaw.com/cases/pmcs
[email protected]
Logo - http://photos.prnewswire.com/prnh/20121112/MM11729LOGO
SOURCE Ryan & Maniskas, LLP
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article