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Fri, February 18, 2011
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The Law Office of Joseph Klein is Investigating Possible Breaches of Fiduciary Duty by the Board of AML Communications, Inc. in
NEW YORK--([ BUSINESS WIRE ])--The Law Office of Joseph Klein is investigating the Board of Directors of AML Communications, Inc. (OTC: AMLJ) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Anaren, Inc. (Nasdaq: ANEN). Under the terms of the proposed deal, AML shareholders will receive $2.15 per share in cash per share for a total equity value of approximately $29.3 million.
The investigation concerns whether the AML Board of Directors breached their fiduciary duties to AML stockholders by failing to adequately shop the Company before entering into this transaction and whether Anaren is underpaying for AML shares.
If you own common stock in AML and wish to obtain additional information, please contact Joseph Klein, Esq. directly, via email at [ jk@jkleinlawfirm.com ], by telephone at 718-947-0005, Toll Free: 877-STOK-180, or visit [ http://www.jkleinlawfirm.com/aml-communications-amlj.html ].
Joseph Klein, Esq. is an experienced attorney and has also practiced as a Certified Public Accountant. Mr. Klein represents investors and participates in securities litigations involving financial fraud throughout the nation. Attorney advertising. Prior results do not guarantee similar outcomes.