Notice is hereby given that Faruqi & Faruqi, LLP has filed a class action lawsuit in the United States District Court for the Northern District of California, Case No. 4:19-cv-03092-JSW, on behalf of shareholders of Aquantia Corp. (“Aquantia” or the “Company”) (NYSE:AQ) who have been harmed by Aquantia’s and its board of directors’ (the “Board”) alleged violations of Sections 14(a) and 20(a) of the Securities Exchange Act of 1934 (the “Exchange Act”) in connection with the proposed merger (the “Proposed Merger”) of the Company with Marvell Technology Group Ltd. (“Marvell”).
On May 6, 2019, the Board caused the Company to enter into an agreement and plan of merger (“Merger Agreement”) under which Aquantia shareholders will have the right to receive $13.25 in cash for each share of Aquantia stock they own (the “Merger Consideration”).
The complaint alleges that the Proxy filed with the Securities and Exchange Commission (“SEC”) violates Sections 14(a) and 20(a) of the Exchange Act because it provides materially incomplete and misleading information about the Company and the Proposed Merger, including information concerning the Company’s financial projections and analysis, on which the Board relied to recommend the Proposed Merger as fair to Aquantia shareholders.
If you wish to obtain information concerning this action, you can do so by submitting the form below.
Aquantia Corp. (AQ)
* The submission of this form does not create an attorney-client relationship.
Filed on 06/24/2019
Court Northern District of California
Lead Plaintiff Deadline 08/23/2019
35 days remaining
685 Third Avenue 26th Floor
10017 New York, New York
Phone (212) 983-9330
Fax (212) 983-9331
James M. Wilson, Jr. firstname.lastname@example.org Phone (212) 983-9330 Fax (212) 983-9331