DALLAS, April 23, 2012 /PRNewswire/ -- Securities lawyers at Goldfarb LLP announce an investigation into alleged violations of shareholder protection laws by officers and directors of SRS Labs, Inc. (NASDAQ: SRSL) in connection with a buyout for $9.50 per share to DTS, Inc. Concerned SRSL investors are encouraged to contact attorney Hamilton Lindley at 877-583-2855 or [email protected] about their rights and remedies.
"SRSL has traded at higher levels as recently as 2011, and at least one analyst has targeted the price at $10.00 per share," said Hamilton Lindley. "Our proposed investor class action seeks to ensure that SRSL shareholders' interests are protected in the proposed merger in terms of price and information."
Goldfarb LLP lawyers have significant experience representing shareholders and whistleblowers in securities lawsuits nationwide SRSL stockholders – or anyone with knowledge about this acquisition – should contact lawyer Hamilton Lindley at [email protected] or 877-583-2855 with questions or concerns.
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SOURCE Goldfarb LLP