WILMINGTON, Del., Aug. 21, 2014 /PRNewswire/ -- Rigrodsky
& Long, P.A.:
- Do you own shares of International Rectifier Corporation
(NYSE: IRF)?
- Did you purchase any of your shares prior to August 20, 2014?
- Do you think the proposed buyout price is too low?
- Do you want to discuss your rights?
Rigrodsky & Long, P.A. announces that it is investigating
potential legal claims against the board of directors of
International Rectifier Corporation ("International Rectifier" or
the "Company") (NYSE: IRF) regarding possible breaches of fiduciary
duties and other violations of law related to the Company's entry
into an agreement to be acquired by Infineon Technologies AG
("Infineon") (OTC QX: IFNNY), in a transaction valued at
approximately $3 billion.
Click here to learn more:
http://www.rigrodskylong.com/investigations/international-rectifier-corporation-irf.
Under the terms of the agreement, public shareholders of
International Rectifier would receive $40.00 in cash for each share of International
Rectifier they own.
The investigation concerns whether International Rectifier's
board of directors failed to adequately shop the Company and obtain
the best possible value for International Rectifier's shareholders
before entering into an agreement with Infineon.
If you own the common stock of International Rectifier and
purchased your shares before August 20,
2014, if you have information or would like to learn more
about these claims, or if you wish to discuss these matters or have
any questions concerning this announcement or your rights or
interests with respect to these matters, please contact
Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2
Righter Parkway, Suite 120, Wilmington,
DE 19803, by telephone at (888) 969-4242; by e-mail to
info@rl-legal.com, or at:
http://www.rigrodskylong.com/investigations/international-rectifier-corporation-irf.
Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes
securities class, derivative and direct actions, shareholder rights
litigation and corporate governance litigation, on behalf of
shareholders in states and federal courts throughout the United States.
Attorney advertising. Prior results do not guarantee a
similar outcome.
CONTACT:
Rigrodsky & Long, P.A.
Seth D. Rigrodsky
Gina M. Serra
(888) 969-4242
(302) 295-5310
Fax: (302) 654-7530
info@rl-legal.com
http://www.rigrodskylong.com
SOURCE Rigrodsky & Long, P.A.
