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Wilmington, Del., Nov. 14, 2016 -- Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Lattice Semiconductor Corporation (“Lattice Semiconductor” or the “Company”) relating to the sale of the Company to private equity firm Canyon Bridge Capital Partners, Inc. (“Canyon Bridge”). On November 3, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which Canyon Bridge will acquire Lattice Semiconductor in a merger worth $1.3 billion. As a result of the merger, Lattice Semiconductor shareholders are only anticipated to receive $8.30 in cash in exchange for each share of Lattice Semiconductor.
Our investigation is looking into whether Lattice Semiconductor’s top executives were conflicted and acted in their own self-interest when approving the merger thus making the process and consideration unfair. According to the Company's November 3rd announcement, Lattice Semiconductor’s senior management will continue their employment post-merger: "Lattice’s senior management team will continue to lead the business from its current headquarters in Portland, OR.”
If you own shares of Lattice Semiconductor and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/lattice-semiconductor-class-action-investigation/ or contact Craig J. Springer, Esq. at [email protected], or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.
Andrews & Springer is a boutique securities class action law firm representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty or corporate misconduct. Having formerly defended some of the largest financial institutions in the world, our founding members use their valuable knowledge, experience, and superior skill for the sole purpose of achieving positive results for investors. These traits are the hallmarks of our innovative approach to each case our Firm decides to prosecute. For more information please visit our website at www.andrewsspringer.com. This notice may constitute Attorney Advertising.
Contact: Craig J. Springer, Esq. [email protected] Toll Free: 1-800-423-6013
