SHAREHOLDER ALERT: Brodsky & Smith, LLC Announces Investigation of The Board of Directors of OmniVision Technologies, Inc.

BALA CYNWYD, Pa.--()--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of OmniVision Technologies, Inc. ("OmniVision” or "the Company") (Nasdaq: OVTI) for possible breaches of fiduciary duty and other violations of state law in connection with the sale of the Company to a consortium composed of Hua Capital Management Co., Ltd., CITIC Holdings Limited, and GoldStone Investment Co., Ltd. (“Hua Capital”).

Click here to learn more about the investigation http://brodsky-smith.com/927-ovti-omnivision-technologies-inc.html, or call: 877-534-2590. There is no cost or obligation to you.

Under the terms of the transaction, OmniVision shareholders will receive only $29.75 in cash for each share of OmniVision stock they own. The investigation concerns whether the Board of OmniVision breached their fiduciary duties to shareholders by failing to adequately shop the Company before agreeing to enter into this transaction, and whether Hua Capital is underpaying for OmniVision. The transaction may undervalue OmniVision as the price being paid to OmniVision shareholders is below the premium paid in similar transactions. In addition, an analyst has placed a $35.00 per share price target on OmniVision stock.

If you own shares of OmniVision and wish to discuss the legal ramifications of the investigation, or have any questions, you may e-mail or call the law office of Brodsky & Smith, LLC who will, without obligation or cost to you, attempt to answer your questions. You may contact Jason L. Brodsky, Esquire or Evan J. Smith, Esquire at Brodsky & Smith, LLC, Two Bala Plaza, Suite 510, Bala Cynwyd, PA 19004, by visiting http://brodsky-smith.com/927-ovti-omnivision-technologies-inc.html, or calling toll free 877-LEGAL-90.

Brodsky & Smith, LLC is a litigation law firm with extensive expertise representing shareholders throughout the nation in securities and class action lawsuits. The attorneys at Brodsky & Smith have been appointed by numerous courts throughout the country to serve as lead counsel in class actions and have successfully recovered millions of dollars for our clients and shareholders. Attorney advertising. Prior results do not guarantee a similar outcome.

Contacts

Brodsky & Smith, LLC
Jason L. Brodsky, Esquire
Evan J. Smith, Esquire
877-LEGAL-90
http://brodsky-smith.com/927-ovti-omnivision-technologies-inc.html

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