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Power One Inc (NASDAQ:PWER) Investor Files Lawsuit Over Alleged Breaches Of Fiduciary Duties In Takeover By ABB

  • If you purchased shares of Power One Inc (NASDAQ:PWER) prior to April 22, 2013, and currently hold any of those NASDAQ:PWER shares, you may have certain options. Please contact the Shareholders Foundation, Inc.

  • To have your information reviewed for options and to receive notifications about this case, please send an email to mail@shareholdersfoundation.com, or call us at (858) 779-1554.

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Lawsuit Overview

April 26, 2013 (Shareholders Foundation) - An investor, who holds NASDAQ:PWER shares, filed a lawsuit in effort to stop the proposed takeover of Power One Inc (NASDAQ:PWER) by ABB for $6.35 per NASDAQ:PWER share. The plaintiff claims that the defendants breached their fiduciary duties owed to NASDAQ:PWER stockholders by agreeing to sell the company too cheaply via an unfair process. O...



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