LEVI & KORSINSKY, LLP Notifies Investors of ANAREN, INC. of Claims of Breaches of Fiduciary Duty by Board of Anaren, Inc. in Connection With Sale of Company to Veritas Capital Fund IV, L.P. -- ANEN


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


NEW YORK, Dec. 3, 2013 (GLOBE NEWSWIRE) -- Levi & Korsinsky notifies investors of Anaren, Inc. ("Anaren" or the "Company") (Nasdaq: ANEN) of claims of breaches of fiduciary duty and other violations of state law against the board of directors of the Company in connection with the sale of the Company to an affiliate of The Veritas Capital Fund IV, L.P. ("Veritas"). A complaint was filed in New York state court.

Click here to learn more about the case http://zlk.9nl.com/anaren-anen/, or call: 877-363-5972. There is no cost or obligation to you.

Under the terms of the transaction, Anaren shareholders will receive $28.00 for each share of Anaren stock they own. The transaction has a total approximate value of $381 million. The claims concern whether the Anaren Board of Directors breached their fiduciary duties to stockholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Veritas is underpaying for Anaren shares.

If you own Anaren common stock and wish to obtain additional information, please contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972, or visit http://zlk.9nl.com/anaren-anen/.

Levi & Korsinsky is a national firm with offices in New York, New Jersey and Washington D.C. The firm has extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT: Levi & Korsinsky, LLP Joseph Levi, Esq. Eduard Korsinsky, Esq. 30 Broad Street - 24th Floor New York, NY 10004 Tel: (212) 363-7500 Toll Free: (877) 363-5972 Fax: (212) 363-7171 www.zlk.com

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Posted In: Press Releases