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IXYS Corporation (IXYS)

(NasdaqGS: IXYS)


Faruqi & Faruqi, LLP Launches An Investigation Against IXYS Corporation (IXYS) 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 IXYS Corporation (“IXYS” or the “Company”) (NasdaqGS: IXYS) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders’ approval for the Company’s 2013 Equity Incentive Plan.

Specifically, in the Proxy Statement filed by the Company with the Securities and Exchange Commission on July 29, 2013, the Board of Directors recommends that IXYS’ shareholders vote to approve the Company’s 2013 Equity Incentive Plan to make 2,000,000 shares available thereunder. The issuance of the additional shares could have a substantial dilutive effect on the shares of IXYS common stock.

If you own common stock in IXYS 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.

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Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330


Case Details


  • 08/07/2013

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