NEW YORK, Dec. 9, 2015 /PRNewswire/ -- Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mattson Technology Inc. ("Mattson" or the "Company") (NasdaqGS: MTSN) for potential breaches of fiduciary duties in connection with the sale of the Company for approximately $300 million.
The Company's stockholders will only receive $3.80 per share in cash for each share of Company common stock they own. However the offer might not be adequate since Mattson has traded as high as $5.10 per share as recently as March 3, 2015.
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The investigation focuses on whether Company's Board of Directors breached their fiduciary duties to the Company's stockholders by failing to conduct a fair sales process and whether and by how much this proposed transaction undervalues the Company to the detriment of Company's shareholders.
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If you own common stock in Company and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MTSN or contact Juan Monteverde, Esq. either via e-mail at firstname.lastname@example.org or by telephone at (877) 247-4292 or (212) 983-9330.
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