PARAMETRIC SOUND SHAREHOLDER ALERT: Levi & Korsinsky, LLP Announces Investigation into Possible Breaches of Fiduciary Duty by the Board of Parametric Sound Corporation
NEW YORK, Aug. 20, 2013 /PRNewswire/ -- Levi & Korsinsky is investigating the proposed merger of Parametric Sound Corporation (Nasdaq: PAMT) ("Parametric") and Turtle Beach, a brand of Voyetra Turtle Beach, Inc.
Click here to learn more about the investigation http://zlk.9nl.com/parametric-sound-pamt/, or call: 877-363-5972. There is no cost or obligation to you.
According to the terms of the merger, upon completion of the transaction, Turtle Beach shareholders will own approximately 80% of the post-merger company's shares, with Parametric shareholders owning approximately 20%. The investigation concerns whether the Parametric Board of Directors breached their fiduciary duties to stockholders by entering into this transaction.
If you and own Parametric common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at email@example.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/parametric-sound-pamt/.
Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington, D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. The attorneys at Levi & Korsinsky have been appointed by numerous courts throughout the country to serve as lead counsel on behalf of shareholders in major securities lawsuits and have successfully recovered multimillion-dollar damages awards on behalf of investors. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.
Levi & Korsinsky, LLP
Joseph Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
SOURCE Levi & Korsinsky, LLP