NEW YORK, Nov. 18, 2016 /PRNewswire/ -- Nadeem Faruqi, founding partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Mentor Graphics Corp. ("Mentor Graphics" or the "Company") (NASDAQ: MENT) for potential breaches of fiduciary duties in connection with the sale of the Company to Siemens AG for approximately $4.5 billion in an all-cash transaction.
The Company's stockholders will only receive $37.25 for each share of Company common stock they own.
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The investigation focuses on whether Mentor Graphics' 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 Mentor Graphics' shareholders.
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Faruqi & Faruqi, LLP is working together in this investigation with Juan E. Monteverde from Monteverde & Associates PC.
If you own common stock in Mentor Graphics and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/MENT or contact Nadeem Faruqi, Esq. either via e-mail at email@example.com or by telephone at (877) 247-4292 or (212) 983-9330. You may also contact Juan E. Monteverde, Esq. either via email at firstname.lastname@example.org or by telephone at (212) 971-1341.
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