Shareholder Alert: The Ademi Firm investigates whether Intevac, Inc. is obtaining a Fair Price for its Public Shareholders

Core Points - The Ademi Firm is investigating Intevac for potential breaches of fiduciary duty and other legal violations related to its transaction with Seagate [1] - Intevac stockholders will receive $4.00 per share, plus an additional$0.102 per share as part of a special and regular quarterly dividend [2] - The transaction agreement restricts competing offers for Intevac by imposing significant penalties for accepting alternative bids, raising concerns about the board's fiduciary duties to shareholders [3] Company and Industry Summary - The investigation focuses on the conduct of Intevac's board of directors regarding their responsibilities to shareholders during the transaction process [3] - The deal structure appears to favor Intevac insiders through change of control arrangements, which may not align with the interests of all shareholders [2]