NEW YORK , Jan. 4, 2021 /PRNewswire/ --
WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of SMTC Corporation ("SMTX" or the "Company") (NASDAQ: SMTX) in connection with the proposed acquisition of the Company by an affiliate of H.I.G. Capital. Under the terms of the merger agreement, the Company's shareholders will receive $6.044 in cash for each share of SMTX common stock that they own.
If you own SMTX shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslawllp.com/SMTX/
Or please contact:
Joshua Rubin, Esq.
WeissLaw LLP
1500 Broadway, 16 th Floor
New York , NY 10036
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
WeissLaw LLP is investigating whether (i) SMTX's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $6.044 per-share merger consideration adequately compensates SMTX's shareholders; and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
View original content to download multimedia: http://www.prnewswire.com/news-releases/shareholder-alert-weisslaw-llp-investigates-smtc-corporation-301200614.html
SOURCE WeissLaw LLP
