NEW YORK–(BUSINESS WIRE)–
The following statement is being issued by Levi & Korsinsky, LLP:
TO: ALL PERSONS OR ENTITIES WHO PURCHASED OR OTHERWISE ACQUIRED COMMON STOCK OF PULSE ELECTRONICS CORP. PRIOR TO FEBRUARY 28, 2015 AND CONTINUE TO HOLD SUCH SHARES.
YOU ARE HEREBY NOTIFIED that Levi & Korsinsky, LLP has commenced an investigation into the fairness of the sale of Pulse Electronics Corp. (OTC MKTS: PULS) (“Pulse” or “the Company”) to affiliates of Oaktree Capital Management, L.P. Click here to learn more about the action: http://zlk.9nl.com/pulse-electronics-puls. There is no cost or obligation to you.
The Board of Directors of Pulse agreed to sell the company to affiliates of Oaktree Capital Management, L.P. Under the terms of the transaction, Pulse shareholders will receive $1.50 in cash for each share of Pulse they own. The investigation concerns whether the Board of Pulse breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Oaktree Capital Management, L.P. is underpaying for Pulse shares.
If you own Pulse common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/pulse-electronics-puls.
Levi & Korsinsky is a national firm with offices in New York, New Jersey, Connecticut and Washington D.C. The firm’s attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
- Mergers, Acquisitions & Takeovers
- Investment & Company Information
- Oaktree Capital Management
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