The company owns 80% of the shares of Siliconix Inc. and offered to exchange 2.64 shares of its common stock for each outstanding share of Siliconix stock. Shareholders filed a class action lawsuit against Vishay regarding the fairness of the offer. Vishay executed a memorandum of understanding with plaintiffs to establish undisclosed terms and conditions of a settlement. (Apr-29-05)
[EE TIMES]
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.
