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 Oplink Communications Inc. (NASDAQ: OPLK) (“Oplink” or the “Company”)
relating to the sale of the Company to Koch Optics (“Koch”). On November
19, 2014, the two companies announced the signing of a definitive merger
agreement pursuant to which Koch will acquire Oplink in a merger via a
tender offer. As a result of the merger, Oplink shareholders are only
anticipated to receive $24.25 per share in cash in exchange for each
share of Oplink.
Andrews & Springer’s investigation has uncovered that the process
leading up to the announcement of the merger appears to have some
substantial conflicts of interest, thus making the process and
consideration unfair. The consideration Oplink shareholders are expected
to receive is also inadequate. While the Company claims that
shareholders will receive a premium for their shares, analysts at Yahoo!
Finance have set a $26.50 per share price target for Oplink, which
is approximately 9.27% more than what Oplink shareholders are expected
to receive.
If you own shares of Oplink and want to receive additional information
and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/OPLK
or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com,
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.
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