Provided By PR Newswire
Last update: Nov 27, 2021
NEW ORLEANS, Nov. 26, 2021 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of NeoPhotonics Corporation (NYSE: NPTN) to Lumentum Holdings Inc. (NASDAQ: LITE). Under the terms of the proposed transaction, shareholders of NeoPhotonics will receive $16.00 in cash for each share of NeoPhotonics that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
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