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The Law Office of Abe Shainberg Announces an Investigation into the Possible Breaches of Fiduciary Duty by the Board of Actel Corporation in Connection with the Sale of the Company to Microsemi Corporation - ACTL

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NEW YORK--(BUSINESS WIRE)--

The Law Office of Abe Shainberg is investigating the Board of Directors of Actel Corporation (NasdaqGM: ACTL) for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to sell the Company to Microsemi Corporation (NasdaqGM: MSCC). Under the terms of the deal, Actel shareholders will receive $20.88 in cash per share for a total transaction value of approximately $430 million, net of Actel's projected cash balance at closing.

The investigation concerns whether the Actel Board of Directors breached their fiduciary duties to Actel stockholders by failing to adequately shop the Company before entering into this transaction and whether Microsemi is underpaying for Actel shares, thus unlawfully harming Actel stockholders.

If you own common stock in Actel and wish to obtain additional information, please contact Abe Shainberg, Esq. directly, via email at as@ashainberglaw.com, by telephone at 212.425.7268, or visit http://www.ashainberglaw.com/actel-actl.html.

Mr. Shainberg has expertise in prosecuting investor securities litigation, is a certified and registered arbitrator and mediator involving financial matters, and represents investors in various matters nationwide.

The Law Office of Abe Shainberg
Abe Shainberg, Esq.
Tel: 212-425-7286
Fax: 866-699-3880
as@ashainberglaw.com

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