Investigation of Potential Action on Behalf of AVX Corporation (NYSE: AVX) Shareholders
AVX Corporation (“AVX” or the “Company”), is a Delaware corporation headquartered in Fountain Inn, South Carolina. The Company is a manufacturer, supplier, and reseller of a variety of passive electronic components and related products, including ceramic and tantalum capacitors used in many electronic products to store, filter, and regulate electric energy. Kyocera Corporation (“Kyocera”) is AVX’s controlling stockholder, owning 72% of AVX’s common stock.
Kessler Topaz Meltzer & Check, LLP is investigating potential breaches of fiduciary duties and other violations of law by members of AVX’s Board of Directors in connection with the Company’s recent agreement to be acquired by Kyocera.
If you currently own shares of AVX Corporation (NYSE: AVX) and would like to learn more about our investigation, please fill out our online form or contact us today at 844-887-9500 or info@ktmc.com.