|[June 25, 2014]
SHAREHOLDER ALERT: Faruqi & Faruqi, LLP is Investigating Montage Technology Group Limited (MONT) in Connection With the Sale of the Company to Shanghai Pudong Science and Technology Investment Co.
NEW YORK --(Business Wire)--
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 Montage
Technology Group Ltd. ("Montage" or the "Company") (NASDAQ:MONT) for
potential breaches of fiduciary duties in connection with the sale of
the Company to PDSTI for approximately $693 million. The Company's
stockholders will only receive $22.60 for each share of Montage common
stock they own.
Click here for more information: www.faruqilaw.com/MONT.
There is no cost or obligation to you.
The investigation focuses on wheter Montage'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
& 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
keep track of the latest securities litigation news, follow us on
Twitter (News - Alert) at www.twitter.com/MergerActivity
or on Facebook (News - Alert) at www.facebook.com/FaruqiLaw.
If you own common stock in Montage and wish to obtain additional
information and protect your investments free of charge, please visit us
or contact Juan E. Monteverde, Esq. either via e-mail at email@example.com
or by telephone at (877) 247-4292 or (212) 983-9330.
Attorney Advertising. (C) 2014 Faruqi & Faruqi, LLP. The law firm
responsible for this advertisement is Faruqi & Faruqi, LLP (www.faruqilaw.com).
Prior results do not guarantee or predict a similar outcome with respect
to any future matter. We are happy to discuss your particular case.
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