SIMO - Silicon Motion Technology Corporation (SIMO) Stock Alert: Investors with Large Losses Should Contact Robbins LLP for Information About Recovery Against MaxLinear Inc. (MXL) | Benzinga

SAN DIEGO, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Robbins LLP reminds Silicon Motion Technology Corporation (NASDAQ:SIMO) investors of a class action lawsuit against MaxLinear, Inc. (NASDAQ:MXL) on behalf of persons or entities that purchased or otherwise acquired SIMO American Depository Shares ("ADSs") between June 6, 2023 and July 26, 2023.

For more information, submit a form, email Aaron Dumas, Jr., or give us a call at (800) 350-6003.

What is this Case About: MaxLinear (MXL) Terminates the Merger with Silicon Motion Technology Corporation (SIMO)   

According to the complaint, on May 5, 2022, MaxLinear and Silicon Motion announced the two companies had entered into a merger agreement pursuant to which MaxLinear would acquire Silicon Motion. However, defendants allegedly failed to disclose that MaxLinear would not consummate the merger because ...

SIMO) Stock Alert: Investors with Large Losses Should Contact Robbins LLP for Information About Recovery Against MaxLinear, Inc. (MXL)>Full story available on Benzinga.com