Ryan & Maniskas, LLP Announces Investigation of PLX Technology Inc.

WAYNE, Pa., June 24, 2014 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of PLX Technology Inc. ("PLX Technology" or the "Company") PLXT concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Avago Technologies Limited in a transaction valued at approximately $309 million.

If you own shares of PLX Technology and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/plxt. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com. 

Under the terms of the agreement, shareholders of PLX Technology would receive $6.50 in cash for each share of PLX Technology they own.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of PLX Technology for not acting in the Company's shareholders' best interests in connection with the sale process. 

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.rmclasslaw.com.

CONTACT:  Ryan & Maniskas, LLP 
                   Richard A. Maniskas, Esquire 
                   995 Old Eagle School Rd., Suite 311 
                   Wayne, PA 19087 
                   877-316-3218 
                   www.rmclasslaw.com/cases/plxt  
                   rmaniskas@rmclasslaw.com 

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SOURCE Ryan & Maniskas, LLP