Faruqi & Faruqi, LLP Announces the Investigation of Multi-Fineline Electronix, Inc. (MFLX) Over the Proposed Sale of the Company to Suzhou Dongshan Precision Manufacturing Co., Ltd.
Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Multi-Fineline Electronix, Inc. (“Multi-Fineline Electronix” or the “Company”) (NasdaqGS:MFLX) for potential breaches of fiduciary duties in connection with the sale of the Company to Suzhou Dongshan Precision Manufacturing Co., Ltd. for approximately $415.73 million.
The Company’s stockholders will only receive $23.95 in cash for each share of Company common stock they own. However, this consideration is below Multi-Fineline Electronix’s 52-week high of $26.05.
If you own common stock in Multi-Fineline Electronix and wish to obtain additional information and protect your investments free of charge, please fill out the form below or contact Juan Monteverde, Esq. either via e-mail at jmonteverde@faruqilaw.com or by telephone at (877) 247-4292 or (212) 983-9330.
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.
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MergerInfo Request
Faruqi & Faruqi, LLP
685 Third Avenue 26th Floor
New York, NY 10017
Tel: (212) 983-9330
If you have information regarding this case that you would like to make available, please click here to contact us about our investigation.