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Standard Microsystems Corporation (NASDAQ:SMSC) Investor files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover By Microchip Technology Incorporated

  • If you purchased shares of Standard Microsystems Corporation (NASDAQ:SMSC) prior to May 2, 2012 and currently hold any of those NASDAQ:SMSC shares, you have certain options and you should contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

Lawsuit Overview

May 17, 2012 (Shareholders Foundation) -- An investor in NASDAQ:SMSC shares filed a lawsuit in State Court against directors of Standard Microsystems Corporation in effort to stop the proposed acquisition of Standard Microsystems Corporation by Microchip Technology Incorporated at $37.00 per NASDAQ:SMSC share. On May 2, 2012, Microchip Technology Incorporated (NASDAQ: MCHP) and Stand...



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