Juan
E. Monteverde, a partner at Faruqi
& Faruqi, LLP, a leading national securities firm headquartered
in New York City, is investigating the Board of Directors of Vitesse
Semiconductor Corp. (“Vitesse” or the “Company”) (NasdaqGM:VTSS) for
potential breaches of fiduciary duties in connection with the sale of
the Company to Microsemi Corp. for approximately $389 million in a cash
transaction. The Company’s stockholders will only receive $5.28 for each
share of Vitesse common stock they own.
Click here for more information: www.faruqilaw.com/VTSS.
There is no cost or obligation to you.
The investigation focuses on whether Vitesse’s Board of Directors
breached their fiduciary duties to the Company’s stockholders by failing
to conduct a fair sales process and whether and by how much this
proposed transaction undervalues the Company to the detriment of
Vitesse’s shareholders.
Faruqi
& Faruqi, LLP is a national law firm which represents investors
and individuals in class action litigation. The firm is focused on
providing exemplary legal services in complex litigation in the areas of
securities, shareholder, antitrust and consumer litigation, throughout
all phases of litigation. The firm has an experienced trial team which
has achieved significant victories on behalf of the firm’s clients. To
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If you own common stock in Vitesse and wish to obtain additional
information and protect your investments free of charge, please visit us
at www.faruqilaw.com/VTSS
or contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com
or by telephone at (877) 247-4292 or (212) 983-9330.
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Copyright Business Wire 2015