Harwood Feffer LLP Announces Investigation of Brocade Communications Systems, Inc.

NEW YORK, Nov. 2, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Brocade Communications Systems, Inc. ("Brocade" or the "Company") (NASDAQ: BRCD) concerning the proposed acquisition of the Company by Broadcom Ltd ("Broadcom").

Under the terms of the offer, Broadcom would acquire Brocade in a transaction valued at approximately $5.9 billion. Pursuant to the deal, Brocade stockholders will receive $12.75 per share in cash.

Our investigation concerns whether the Brocade board of directors is fulfilling its fiduciary duties, maximizing the value of the Company, disclosing all material benefits and costs, and obtaining full and fair consideration for Company stockholders. 

If you own Brocade shares and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:

Robert I. Harwood, Esq.

Benjamin I. Sachs-Michaels, Esq.

Harwood Feffer LLP

488 Madison Avenue

New York, New York 10022

Phone Numbers: (877) 935-7400

(212)935-7400

Email: bsachsmichaels@hfesq.com

Website: http://www.hfesq.com 

Follow us on Twitter: @HarwoodFeffer

Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm. 

Attorney Advertising. The law firm responsible for this advertisement is Harwood Feffer LLP (www.hfesq.com). Prior results do not guarantee or predict a similar outcome with respect to any future matter.

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SOURCE Harwood Feffer LLP