SOURCE: Levi & Korsinsky, LLP

Levi & Korsinsky, LLP

October 23, 2015 11:53 ET

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of PMC-Sierra Inc. of Commencement of a Class Action Concerning the Fairness of the Sale of the Company to Skyworks Solutions, Inc. -- PMCS

NEW YORK, NY--(Marketwired - Oct 23, 2015) -  The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased PMC-Sierra Inc. stock prior to October 6, 2015.

You are hereby notified that a class action has been commenced in Delaware state court challenging the fairness of the sale of PMC-Sierra Inc. (NASDAQ: PMCS) to Skyworks Solutions, Inc. for $10.50 in cash per share. On October 19, 2015, Microsemi Corporation submitted an offer to acquire PMC-Sierra for $8.75 in cash and 0.0736 of a Microsemi common share for each share of PMC-Sierra stock, representing a superior offer of approximately $11.50 per share. To learn more about the action and your rights, go to:

http://zlk.9nl.com/pmcsierra-pmcs

or contact Joseph E. Levi, Esq. either via email at jlevi@zlk.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

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

Contact Information

  • 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