Lawsuit Overview
March 10, 2015 (Shareholders Foundation) - An investor, who currently holds shares of Emulex Corporation (NYSE:ELX), filed a lawsuit in effort to stop the proposed takeover of Emulex Corporation by Avago Technologies Limited. The plaintiff alleges that the defendants breached their fiduciary duties owed to NYSE:ELX stockholders by agreeing to sell Emulex Corporation too cheaply via a...
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