Faruqi & Faruqi, LLP’s national practice focuses on complex civil litigation. The firm practices in the areas of Securities, Merger & Transactional, Shareholder Derivative, Antitrust, Consumer Class Action, and Wage & Hour litigation.
Tuesday, June 2, 2015
Faruqi & Faruqi Investigation: Altera Corporation
Faruqi & Faruqi, LLP Announces the Investigation of Altera Corporation (ALTR) Over the Fairness of the Proposed Sale of the Company to Intel Corporation in a Cash Deal
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Altera Corp. ("Altera" or the "Company") (NasdaqGS: ALTR) for potential breaches of fiduciary duties in connection with the sale of the Company to Intel Corporation (NasdaqGS: INTC) in a deal valued at approximately $16.7 billion. The Company's stockholders will only receive $54 per share in cash in exchange for each share of Altera common stock they own.
If you own common stock in Altera and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact F&F'sJuan E. Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.