-()–Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of SMTC Corporation (NasdaqGM: SMTC) to an affiliate of H. I. G. Capital.
Under the terms of the proposed transaction, shareholders of SMTC will receive only $6.044 in cash for each share of SMTC that they own.
KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.