MILWAUKEE, May 18, 2023 /PRNewswire/ -- Ademi LLP is investigating eMagin (NYSE: EMAN) for possible breaches of fiduciary duty and other violations of law in its transaction with Samsung Display.
Click here to learn how to join the action https://www.ademilaw.com/case/emagin-corporation or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
eMagin public stockholders are expected to receive only $2.08 per share in cash, in a transaction valued at approximately $218 million. The transaction agreement unreasonably limits competing bids for eMagin by imposing a significant penalty if eMagin accepts a superior bid. eMagin insiders will receive substantial benefits as part of change of control arrangements.
We are investigating the conduct of eMagin's board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for eMagin.
If you own eMagin common stock and wish to obtain additional information, please contact Guri Ademi either at [email protected] or toll-free: 866-264-3995, or https://www.ademilaw.com/case/emagin-corporation.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
SOURCE Ademi LLP
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article