Ryan & Maniskas, LLP Announces Investigation of DTS Inc.

Mittwoch, 21.09.2016 17:05 von

PR Newswire

WAYNE, Pa., Sept. 21, 2016 /PRNewswire/ -- Ryan & Maniskas, LLP is investigating potential claims against the board of directors of DTS Inc. ("DTS" or the "Company") (NASDAQ: DTSI) concerning possible breaches of fiduciary duty and other violations of law related to the Company's efforts to sell the Company to Tessera Technologies, Inc. in a transaction valued at approximately $850 million.

If you own shares of DTS and would like to learn more about this class action or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (877) 316-3218 or to sign up online, visit: www.rmclasslaw.com/cases/dtsi. You may also email Mr. Maniskas at rmaniskas@rmclasslaw.com

Under the terms of the agreement, shareholders of DTS will receive $42.50 in cash for each share of DTS common stock.

Our investigation concerns possible breaches of fiduciary duty and other violations of state law by the Board of Directors of DTS or not acting in the Company's shareholders' best interests in connection with the sale process. 

Ryan & Maniskas, LLP is a national shareholder litigation firm.  Ryan & Maniskas, LLP is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.  To learn more about the class action process, please visit: www.rmclasslaw.com.

CONTACT:  Ryan & Maniskas, LLP

Richard A. Maniskas, Esquire

995 Old Eagle School Rd., Suite 311

Wayne, PA 19087

877-316-3218

www.rmclasslaw.com/cases/dtsi          

rmaniskas@rmclasslaw.com 

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SOURCE Ryan & Maniskas, LLP

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