Friday, November 20, 2015

Faruqi & Faruqi Investigation: Fairchild Semiconductor International Inc.

Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Fairchild Semiconductor International Inc. (“Fairchild” or the “Company”) (NasdaqGS:FCS) for potential breaches of fiduciary duties in connection with the sale of the Company to ON Semiconductor Corp. for approximately $2.4 billion in a cash transaction. 
The Company’s stockholders will only receive $20.00 for each share of Company common stock they own. However, the offer represents an inadequate premium compared to the 52-week high of $20.84.

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