NEW YORK, Nov. 5, 2015 /PRNewswire/ -- Securities lawyers at Dunnam & Dunnam are investigating the board of Hutchison Technology (NASDAQ: HTCH) in connection with a buyout for only $4.00 per share. Concerned HTCH investors are encouraged to contact attorney Hamilton Lindley by clicking here.
The buyout may not represent a fair value for the company because an analyst recently set a price target for Hutchinson Technology Inc. at $4.00 a share. Moreover, Total Revenue and Total Assets are below the averages of comparable transactions, according to Bloomberg. The potential shareholder lawsuit will seek to ensure Hutchison Technology shareholders receive the highest price reasonably available for their stock and that all relevant information is disclosed.
Dunnam & Dunnam has significant experience representing shareholders in securities lawsuits nationwide. HTCH stockholders – or anyone with knowledge about this situation – should contact lawyer Hamilton Lindley at firstname.lastname@example.org with questions, toll free at (844) 702-2990 or visit http://www.dunnamlaw.com/HTCH.
SOURCE Dunnam & Dunnam