NEW YORK, March 12, 2018 /PRNewswire/ -- Rowley Law PLLC is investigating potential claims against Oclaro, Inc. (NASDAQ :OCLR ) and its board of directors for breach of fiduciary duty concerning the proposed acquisition of the company by Lumentum Holdings Inc. Stockholders will receive $5.60 and 0.0636 shares of Lumentum Holdings Inc. common stock for each share of Oclaro, Inc. stock that they hold. The transaction is valued at approximately $1.8 billion and is expected to close in the second half of 2018.
If you are a stockholder of Oclaro, Inc. and are interested in obtaining additional information regarding this investigation, please visit us at: http://www.rowleylawpllc.com/investigation/oclaro. You may also contact Shane Rowley, Esq. at Rowley Law PLLC, 50 Main Street Suite 1000, White Plains, NY 10606, by email at firstname.lastname@example.org, or by telephone at 914-400-1920 or 844-400-4643 (toll-free).
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