ADEPT ALERT: Shareholder Rights Law Firm Johnson & Weaver, LLP Launches an Investigation into the Proposed Sale of Adept Technology, Inc.; Encourages Investors to Contact the Firm for Additional Information

SAN DIEGO--(BUSINESS WIRE)--

Shareholder rights law firm Johnson & Weaver, LLP has launched an investigation into whether the board members of Adept Technology, Inc. ADEP breached their fiduciary duties in connection with the proposed sale of the Company to OMRON Corporation.

Additional Information:
Adept designs, manufactures and sells industrial and mobile robots for electronics, food, semiconductor, warehouse/logistics, medical, and automotive markets worldwide.

On September 16, 2015, Adept announced it had signed a definitive merger agreement with OMRON. Under the terms of the agreement, OMRON will commence a tender offer for all of Adept's outstanding shares of common stock at $13.00 per share in cash.

The investigation concerns whether Adept's board failed to satisfy its duties to the Company shareholders, including whether the board adequately pursued alternatives to the acquisition and whether the board obtained the best price possible for Adept's shares of common stock. Nationally recognized Johnson & Weaver is investigating whether the proposed deal price represents adequate consideration, especially given especially given Adept's recent success and promise of future growth.

If you are a shareholder of Adept and believe the proposed buyout price is too low or you're interested in learning more about the investigation or your legal rights and remedies, please contact lead analyst Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If emailing, please include a phone number where you can be reached.

About Johnson & Weaver, LLP:

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.

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