NEW YORK, Nov. 20, 2014 /PRNewswire/ -- Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of Oplink Communications, Inc. ("Oplink" or the "Company") (NASDAQ:OPLK) for potential breaches of fiduciary duties in connection with the sale of the Company to Koch Industries, Inc. ("Koch") for approximately $445 million. The Company's stockholders will only receive $24.25 for each share of Oplink common stock they own.
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The investigation focuses on whether Oplink'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 Oplink's shareholders.
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If you own common stock in Oplink and wish to obtain additional information and protect your investments free of charge, please visit us at www.faruqilaw.com/OPLK or contact Juan E. Monteverde, Esq. either via e-mail at [email protected] or by telephone at (877) 247-4292 or (212) 983-9330.
Faruqi & Faruqi, LLP
369 Lexington Avenue, 10th Floor
New York, NY 10017
Attn: Juan E. Monteverde, Esq.
Toll Free: (877) 247-4292
Phone: (212) 983-9330
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