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Thursday, April 18, 2024 | Back issues
Courthouse News Service Courthouse News Service

Shareholder Class Action

Cavium shareholders claim self-seeking directors sold the semiconductor company to (nonparty) Marvell Technology Group for $1.8 billion less than it’s worth, in Monterey County Court.

SALINAS, Calif. — Cavium shareholders claim self-seeking directors sold the semiconductor company to (nonparty) Marvell Technology Group for $1.8 billion less than it’s worth, in Monterey County Court.

Categories / Securities, Technology

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