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SRS Labs, Inc. (NASDAQ:SRSL) Investor Files Lawsuit Against Directors Over Alleged Breaches Of Fiduciary Duties In Takeover

  • If you purchased shares of SRS Labs, Inc. (NASDAQ:SRSL) prior to April 17, 2012 and currently hold any of those NASDAQ: SRSL shares, you have certain options and you should 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

May 21, 2012 (Shareholders Foundation) -- An investor in NASDAQ:SRSL shares filed a lawsuit against directors of SRS Labs, Inc. in effort to block the proposed takeover of SRS Labs, Inc.by DTS, Inc. at a value of $9.50 per NASDAQ:SRSL share. The plaintiff alleges the defendants breached their fiducary duties owed to NASDAQ:SRSL stockholders arising out of the attempt to sell SRS Labs...



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