The Law Firm of Stull, Stull & Brody Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Directors of Integrated Silicon Solution, Inc.

NEW YORK, March 13, 2015 /PRNewswire/ -- Stull, Stull & Brody is investigating potential claims on behalf of shareholders of Integrated Silicon Solution, Inc. (NASDAQ: ISSI) (the "Company") concerning whether the Company's Board of Directors breached its fiduciary duty by entering into an agreement and plan of merger under which all of the Company's outstanding shares will be acquired by a consortium of investors led by Summitview Capital for $19.25 per share in cash.

The current investigation is focused upon whether the Company's Board of Directors breached its fiduciary duty to maximize value to the Company's shareholders and to act in shareholders' best interests, including whether the Board of Directors undertook an adequate sales process and disclosed all material information to the Company's shareholders.

While the terms of the proposed transaction provide that the Company's shareholders will receive $19.25 per share in cash, at least one analyst has set a target price of $20.00 per share for the Company's stock. The proposed transaction is valued at approximately $639.5 million.   

Shareholders of Integrated Silicon Solution, Inc. may contact Jason D'Agnenica, Esq. at Stull, Stull & Brody to discuss their rights in connection with the proposed transaction, by calling 1-800-337-4983, or by email at [email protected].

Stull, Stull & Brody has represented shareholders in merger litigation and other securities class actions for over 40 years and has obtained court approval of substantial settlements on numerous occasions. 

Attorney Advertising. Prior Results Do Not Guarantee a Similar Outcome.

SOURCE Stull, Stull & Brody

Related Links

http://www.ssbny.com