DALLAS -- (Business Wire)

Kendall Law Group, led by former federal judge Joe Kendall, is investigating potential claims against the Board of Directors of Atmel Corporation, Inc. (NASDAQ: ATML) in connection with the proposed acquisition of Atmel by Dialog Semiconductor. According to the terms of the agreement, Atmel shareholders will receive $4.65 in cash and 0.112 of a Dialog American Depositary Share for each Atmel share held at the closing of the transaction. The consideration to Atmel shareholders is approximately $10.42 per Atmel share based on Dialog’s closing stock price as of September 18, 2015, significantly lower than at least one Wall Street analyst’s target price of $12.

The national securities firm’s investigation seeks to determine whether Atmel and its Board breached their fiduciary duties by engaging in self-dealing, failing to maximize the value of the Company, failing to disclose all material benefits and costs, and failing to obtain the best possible consideration for the Atmel shareholders. The Kendall Law Group is investigating whether Atmel shareholders have the option to file a lawsuit to ensure the board of directors obtains the best possible price for shareholders and the disclosure of material information.

If you currently own shares of Atmel and want to know more about your rights, you are encouraged to contact Jamie McKey at the Kendall Law Group at 877-744-3728 or by email at jmckey@kendalllawgroup.com to learn more about your rights as a shareholder. There is no cost or obligation to you. Kendall Law Group was founded by a former federal judge, includes a former United States Attorney, prosecutors and securities lawyers who are experienced in nationwide complex securities litigation. The firm has been counsel in numerous merger and acquisition cases nationwide, including some of the largest transactions in the United States.

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Contacts:

Kendall Law Group LLP
Jamie McKey, 214-744-3000
877-744-3728 Toll Free
214-744-3015 Facsimile
jmckey@kendalllawgroup.com
www.kendalllawgroup.com

Source: Kendall Law Group