Vitesse Investigation Investors

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Vitesse Semiconductor Merger Investigated by the
Peiffer Rosca Wolf Law Firm on Behalf of
Investors Vitesse Semiconductor Companys
acquisition by Microsemi Corporation has raised
eyebrows among a number of financial
professionals. The Peiffer Rosca Wolf law firms
securities practice lawyers have launched an
investigation on behalf of Vitesse investors to
determine whether the investors will receive
adequate value for their shares in the
acquisition. Microsemi Corporation (Microsemi)
(NASDAQ MSCC) acquired Vitesse Semiconductor
Company (Vitesse) (NASDAQ VTSS) for
approximately 389 million. Under the agreement,
each shareholder of Vitesse will receive 5.28 in
cash for each share of common stock that they
own. Shareholders and interested persons can
obtain a copy of the Agreement and Plan of Merger
at www.vitesseinvestigation.com Typically, the
board of directors of a company that is being
purchased has a fiduciary duty to its own
shareholders to maximize the sale price of each
share. Financial professionals have questioned
whether the acquisition price that Vitesses
board agreed to was high enough. Barrons
columnist Tiernan Ray reported that David
Williams and Cody Acree, both of whom are with
Ascendiant Capital Markets, changed Vitesse
shares to Hold and think that the agreed price
is lower than what the stock should have
garnered. The attorneys at Peiffer Rosca Wolf
Abdullah Carr Kane have opened an investigation
into the Vitesse Board of Directors regarding
Vitesses acquisition by Microsemi. The
investigation concerns whether the Board breached
its fiduciary duties to maximize value for
stockholders in the acquisition. Alan Rosca, Joe
Peiffer, and the other attorneys at Peiffer Rosca
Wolf Abdullah Carr Kane represent individual
and institutional investors who have suffered
financial losses as a result of unlawful conduct
by financial professionals. Vitesse stockholders
who would like to discuss the investigation or
discuss about this matter may contact Alan Rosca,
Joe Peiffer, or James Booker toll-free at
888-998-0520 or by emailarosca_at_prwlegal.com, or
by filling out the contact form on this page.