Lattice Semiconductor Corporation
LATTICE SEMICONDUCTOR (LSCC) SHAREHOLDER ALERT - Andrews & Springer LLC Is Seeking More Cash for Shareholders of Lattice Semiconductor Corporation
(Wilmington, DE) Andrews & Springer LLC, a boutique securities class action law firm focused on representing shareholders nationwide, is investigating potential breach of fiduciary duty claims against the Board of Directors of Lattice Semiconductor Corporation (NASDAQGS: LSCC) (“Lattice Semiconductor” or the “Company”) relating to the sale of the Company to private equity firm Canyon Bridge Capital Partners, Inc. (“Canyon Bridge”). On November 3, 2016, the two parties announced the signing of a definitive merger agreement pursuant to which Canyon Bridge will acquire Lattice Semiconductor in a merger in a deal worth $1.3 billion. As a result of the merger, Lattice Semiconductor shareholders are only anticipated to receive $8.30 per share in cash in exchange for each share of Lattice Semiconductor.
Our investigation is looking into whether Lattice Semiconductor’s top executives were conflicted and acted in their own self-interest when approving the merger thus making the process and consideration unfair. According to the Company's November 3rd announcement, Lattice Semiconductor’s senior management will continue their employment post-merger: "Lattice’s senior management team will continue to lead the business from its current headquarters in Portland, OR.”
If you own shares of Lattice Semiconductor and want to receive additional information and protect your investments free of charge, please visit us at http://www.andrewsspringer.com/cases-investigations/lattice-semiconductor-class-action-investigation or contact Craig J. Springer, Esq. at cspringer@andrewsspringer.com, or call toll free at 1-800-423-6013. You may also follow us on LinkedIn – www.linkedin.com/company/andrews-&-springer-llc, Twitter – www.twitter.com/AndrewsSpringer or Facebook - www.facebook.com/AndrewsSpringer for future updates.