Shareholders tried to file two securities fraud class actions against the company in February 2005. They claimed directors had breached their shareholder duties regarding their decision to enter into a merger agreement with Nanometrics Incorporated and their handling of unsolicited offers from KLA-Tencor Corporation and Rudolph Technologies, Inc. A Minnesota State Court has dismissed the possible cases. (Jun-20-05)
[MINNEAPOLIS BUSINESS NEWS]
Stay Informed
Get the latest on class action lawsuits, settlements & more! Subscribe to our free weekly newsletter.
Get our Newsletter!
Submit a New Complaint
Been wronged by a similar product or service?
Click here to send us your complaint.
