MILWAUKEE, Aug. 30, 2021 /PRNewswire/ — Ademi LLP is investigating DSP Group (Nasdaq: DSPG), for possible breaches of fiduciary duty and other violations of law in its transaction with Synaptics.
Click here to learn how to join the action: https://www.ademilaw.com/case/dsp-group-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges DSP Group’s financial outlook and prospects are excellent and yet DSP Group shareholders will receive only $22.00 per share in an all-cash transaction. The merger agreement unreasonably limits competing bids for DSP Group by prohibiting solicitation of further bids, and imposing a substantial penalty of $19,774,000 if DSP Group accepts a superior bid. DSP Group insiders will receive millions of dollars as part of change of control arrangements. We are investigating the conduct of DSP Group’s board of directors, and whether they are (i) fulfilling their fiduciary duties to all shareholders, and (ii) obtaining a fair and reasonable price for DSP Group.
If you own DSP Group common stock and wish to obtain additional information, please contact Guri Ademi either at firstname.lastname@example.org or toll-free: 866-264-3995, or https://www.ademilaw.com/case/dsp-group-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Toll Free: (866) 264-3995
Fax: (414) 482-8001
View original content to download multimedia:https://www.prnewswire.com/news-releases/shareholder-alert-ademi-llp-investigates-whether-dsp-group-inc-has-obtained-a-fair-price-in-its-transaction-with-synaptics-301365640.html
SOURCE Ademi LLP