Faruqi & Faruqi, LLP Announces the Investigation of Linear Technology Corporation (LLTC) Over the Proposed Sale of the Company to Analog Devices Inc.
Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Linear Technology Corporation (“LLTC” or the “Company”) (NasdaqGS:LLTC) for potential breaches of fiduciary duties in connection with the sale of the Company to Analog Devices (“ADI”) Inc. for approximately $14.8 billion.
The Company’s stockholders will only receive $46.00 in cash and 0.2321 of a share of ADI common stock for each LLTC share of common stock they own, or approximately $60.81 based on market prices on August 1, 2016.
If you own common stock in Company and wish to obtain additional information and protect your investments free of charge, please contact Nadeem Faruqi, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330. You may also contact Juan E. Monteverde, Esq. either via email at email@example.com or by telephone at (212) 971-1341.