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.
Monday, September 28, 2015
Faruqi & Faruqi Investigation: Adept Technology, Inc.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Adept Technology, Inc. (“Adept Technology” or the “Company”) (NasdaqCM:ADEP) for potential breaches of fiduciary duties in connection with the sale of the Company to OMRON Corporation for approximately $200 million in a cash transaction.
The Company’s stockholders will only receive $13 for each share of Company common stock they own. However, the offer is inadequate since Company stock traded at $21.45 per share as recently as March 20, 2014. If you own common stock in Adept Technology and wish to obtain additional information and protect your investments free of charge, please contact F&F'sJuan E. Monteverde, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330.