Silicon Laboratories Inc. (SLAB)

(NasdaqGS: SLAB)

SUMMARY

 
 

Faruqi & Faruqi, LLP Announces the Investigation of Silicon Laboratories Inc. (SLAB) For Potential Breaches of Fiduciary Duties by Its Board of Directors

Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Silicon Laboratories Inc. (“Silicon Laboratories” or the “Company”) (NasdaqGS: SLAB) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for amendments to the 2009 Stock Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on March 6, 2014, the Board of Directors recommends that Silicon Laboratories’ shareholders vote to approve an amendment to the 2009 Stock Incentive Plan which would authorize the issuance of 3,100,000 additional shares of common stock thereunder. The issuance of the additional shares could have a substantial dilutive effect on the shares of Silicon Laboratories common stock.

If you own common stock in Silicon Laboratories and wish to obtain additional information and protect your investments free of charge, please contact Juan E. Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.

 
 

Request Information

 
  Please tell us about yourself by completing the form below and we will provide you with additional
information at no cost to you on how to join the Class Action.
Company:Silicon Laboratories Inc. (SLAB)
 
 
*Security code:
 
   
 
 

Contact Counsel

Juan E. Monteverde
Faruqi & Faruqi, LLP
369 Lexington Avenue 10th Floor
New York, NY 10017
Tel: (212) 983-9330
Email:  jmonteverde@faruqilaw.com

Send Information

If you have information regarding this case that you would
like to make available, please click here to contact us
about our investigation

Case Details