|[February 12, 2014]
SHAREHOLDER ALERT: Law Office of Brodsky & Smith, LLC Announces Investigation of Supertex, Inc. in Connection With the Sale of the Company to Microchip Technology Incorporated
BALA CYNWYD, Pa. --(Business Wire)--
Law office of Brodsky & Smith, LLC announces that it is investigating
potential claims against the Board of Directors of Supertex, Inc.
("Supertex" or the "Company") (Nasdaq: SUPX) relating to the proposed
acquisition by Microchip Technology (News - Alert) Incorporated ("Microchip").
Click here to learn more about the investigation http://brodsky-smith.com/720-supx-supertex-inc.html,
or call:877-534-2590. There is no cost or obligation to you.
Under the terms of the transaction, Supertex (News - Alert) shareholders will receive
only $33.00 in cash for each share of Supertex stock they own. The
investigation concernspossible breaches of fiduciary duty and other
violations of state law by the Board of Directors of Supertex for not
acting in the Company's shareholders' best interests in connection with
the sale process. The investigation seeks to determine if the Supertex
Board of Directors failed to conduct an adequate auction process and if
Microchip is underpaying for Supertex.
If you own shares of Supertex common stock and wish to discuss the legal
ramifications of the proposed transaction, or have any questions, you
may e-mail or call the law office of Brodsky & Smith, LLC who will,
without obligation or cost to you, attempt to answer your questions. You
may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at
Brodsky & Smith, LLC, Two Bala Plaza, Suite 602, Bala Cynwyd, PA 19004,
by e-mail at email@example.com,
By visiting http://brodsky-smith.com/720-supx-supertex-inc.html,
or calling toll free 877-LEGAL-90.
Brodsky & Smith, LLC is a litigation law firm with extensive expertise
representing shareholders throughout the nation in securities and case
action lawsuits. The attorneys at Brodsky & Smith have been appointed by
numerous courts throughout the country to serve as lead counsel in class
actions and successfully recovered millions of dollars for our clients
and shareholders. Attorney advertising. Prior results do not guarantee a
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