February 26, 2020
A Los Angeles federal judge has again dismissed a putative securities class action alleging Emulex Corp. concealed that Avago Technologies Ltd.'s $606 million acquisition offer was too low, saying the case still failed to pass muster after the Ninth Circuit ordered him to evaluate it under a different standard.
January 14, 2016
A California federal judge on Wednesday dismissed a proposed class action claiming Emulex Corp. concealed that Avago Technologies Ltd.'s $606 million acquisition offer was too low, ruling the shareholders bringing the suit couldn't show the telecommunications company intentionally deceived investors.
April 09, 2015
Shareholders of Emulex Corp. lodged a putative class action in California federal court on Wednesday over a proposed acquisition by Avago Technologies Ltd., claiming that the $606 million offer is too low.