New York based Levi & Korsinsky is investigating the Board of Directors of Mentor Graphics Corp. (NASDAQ: MENT) in connection with the sale of the Company to Siemens. Under the terms of the transaction, Mentor Graphics shareholders will receive $37.25 for each share of Mentor Graphics they own.
The investigation concerns whether the Board of Mentor Graphics breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Siemens is underpaying for Mentor Graphics shares.
The New York based law firm issued the following statement:
To: All Persons or Entities who purchased Mentor Graphics Corp. (“Mentor Graphics”) (NASDAQ: MENT) stock prior to November 14, 2016.
You are hereby notified that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Mentor Graphics to Siemens for $37.25 per share. To learn more about the action and your rights, go to:http://zlk.9nl.com/mentorgraphics or contact Joseph E. Levi, Esq. either via email at [email protected] or by telephone at (212) 363-7500, toll-free: (877) 363-5972.
There is no cost or obligation to you.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut, California, and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com
