House & Home
House and Home
House and Home
Thu, February 24, 2011
The Law Offices of Vincent Wong Announce an Investigation into Possible Breaches of Fiduciary Duty by the Board of AML Communic
NEW YORK--([ BUSINESS WIRE ])--The Law Offices of Vincent Wong are 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 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 Vincent Wong, Esq. either via email [ vw@wongesq.com ], by telephone at 212.584.2740, or visit [ http://www.wongesq.com/aml-communications.html ].
Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
