The Law Offices of Vincent Wong Notifies Investors of an Investigation of Cavium, Inc. in Connection with the Sale of the Company to Marvell Technology Group Ltd. – CAVM

The Law Offices of Vincent Wong Notifies Investors of an Investigation of Cavium, Inc. in Connection with the Sale of the Company to Marvell Technology Group Ltd. – CAVM

NEW YORK, Jan. 04, 2018 (GLOBE NEWSWIRE) -- The Law Offices of Vincent Wong announce a class action has commenced in the Northern District of California on behalf of Cavium, Inc. (NASDAQ:CAVM) shareholders. The class action concerns possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to Marvell Technology Group Ltd. (NASDAQ:MRVL). Under the terms of the deal, Cavium shareholders will receive $40.00 in cash and 2.1757 Marvell common shares for each Cavium share they own.

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

If you own common stock in Cavium and wish to obtain additional information, please contact Vincent Wong, Esq. either via email vw@wongesq.com, by telephone at 212.425.1140, or http://docs.wongesq.com/CAVM-Info-Request-Form-1741.

Vincent Wong, Esq. is an experienced attorney that has represented investors in securities litigations involving financial fraud and violations of shareholder rights.  Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:   
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com