CLASS ACTION ALERT: Levi & Korsinsky, LLP Notifies Investors of a Complaint Concerning the Sale of Cavium, Inc. to Marvell Technology Group Ltd. – CAVM

01/03/18 03:25 PM EST

NEW YORK, Jan. 03, 2018 (GLOBE NEWSWIRE) -- The following statement is being issued by Levi & Korsinsky, LLP:

To: All Persons or Entities who purchased Cavium, Inc. (“Cavium” or the “Company”) (NASDAQ:CAVM) stock prior to November 20, 2017.

You are hereby notified that a class action has commenced in the Northern District of California challenging the fairness of the sale of Cavium to Marvell Technology Group Ltd. (NASDAQ:MRVL). Under the terms of the transaction, shareholders of Cavium will receive $40.00 in cash and 2.1757 Marvell common shares for each Cavium share they own. To learn more about the action and your rights, go to

http://www.zlk.com/mna/cavium-inc

 or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500, toll-free: (877) 363-5972. There is no cost or obligation to you.

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Eduard Korsinsky, Esq.
30 Broad Street - 24th Floor
New York, NY 10004
Tel: (212) 363-7500
Toll Free: (877) 363-5972
Fax: (212) 363-7171
www.zlk.com

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