NEW YORK, May 10, 2019 /PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the Board of Directors of Aquantia Corporation ("Aquantia" or the "Company") (NYSE: AQ) in connection with the proposed sale of the Company to Marvell Technology. The transaction is valued at $452 million and is expected to close by the end of 2019.
If you own Aquantia shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
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New York, NY 10036
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WeissLaw is investigating whether Aquantia's Board acted to maximize shareholder value prior to entering into the agreement, and whether $13.00 per share is a fair value to the Company's stockholders.
Given these facts, WeissLaw is concentrating its investigation on whether Aquantia's Board conducted a fair process in agreeing to the proposed acquisition, whether the proposed acquisition undervalues the Company, and whether all material information related to the acquisition is fully and fairly disclosed.
WeissLaw LLP has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at email@example.com
SOURCE WeissLaw LLP