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INPHI MERGER INVESTIGATION: HALPER SADEH LLP ANNOUNCES INVESTIGATION INTO WHETHER THE SALE OF INPHI CORPORATION IS FAIR TO SHAREHOLDERS; INVESTORS ARE ENCOURAGED TO CONTACT THE FIRM – IPHI
October 29, 2020.
New York, New York—Halper Sadeh LLP, a global investor rights law firm, is investigating whether the sale of Inphi Corporation (NASDAQ: IPHI) to Marvell Technology Group Ltd. (“Marvell”) for $66.00 in cash and 2.323 shares of stock of the combined company for each Inphi share is fair to Inphi shareholders. On behalf of Inphi shareholders, Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits.
The Inphi merger investigation concerns whether Inphi and its board of directors violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to: (1) obtain the best possible price for Inphi shareholders; (2) determine whether Marvell is underpaying for Inphi; and (3) disclose all material information necessary for Inphi shareholders to adequately assess and value the merger consideration.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
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