NASDAQ GS
LLTC

Linear Technology Corporation

Shareholder Corporation Litigation

Rigrodsky & Long, P.A. Announces Investigation Of Linear Technology Corporation (NASDAQ GS: LLTC) Buyout

Rigrodsky & Long, P.A. announces that it is investigating potential legal claims against the board of directors of Linear Technology Corporation (“Linear Technology” or the “Company”) (NASDAQ GS: LLTC) regarding possible breaches of fiduciary duties and other violations of law related to the Company’s entry into an agreement to be acquired by Analog Devices, Inc. (“Analog Devices”) (NASDAQ GS: ADI), in a transaction valued at approximately $14.8 billion.

Under the terms of the agreement, shareholders of Linear Technology will receive $46.00 per share in cash and 0.2321 of a share of Analog Devices common stock for each share of Linear Technology common stock they own.  Based on Analog Devices’ closing stock price on July 25, 2016, Linear Technology shareholders would have received compensation valued at approximately $60.00 per share.

The investigation concerns whether Linear Technology’s board of directors failed to adequately shop the Company and obtain the best possible value for Linear Technology’s shareholders before entering into an agreement with Analog Devices.

If you own the common stock of Linear Technology and purchased your shares before July 26, 2016, if you have information or would like to learn more about these claims, or if you wish to discuss these matters or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Seth D. Rigrodsky or Gina M. Serra at Rigrodsky & Long, P.A., 2 Righter Parkway, Suite 120, Wilmington, DE 19803, by telephone at (888) 969-4242; by e-mail to info@rl-legal.com.

Rigrodsky & Long, P.A., with offices in Wilmington, Delaware and Garden City, New York, regularly prosecutes securities class, derivative and direct actions, shareholder rights litigation and corporate governance litigation, on behalf of shareholders in states and federal courts throughout the United States.

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