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MERGER ALERT – AVX, RESI, and LM: Levi & Korsinsky, LLP Reminds Investors of Investigations Concerning the Sale of these Companies

NEW YORK, NY / ACCESSWIRE / February 28, 2020 / The following statement is being issued by Levi & Korsinsky, LLP:

Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following publicly-traded companies.

AVX Corporation (NYSE:AVX)
Merger Announcement: February 21, 2020
Transaction Details: Under the terms of the merger, Kyocera will acquire all outstanding shares of AVX common stock not owned by Kyocera in an all-cash tender offer for $21.75 per share. The tender offer will be followed by a squeeze-out merger in which all of the outstanding shares of AVX common stock not tendered in the tender offer (other than shares owned by holders who validly seek appraisal or shares already held by Kyocera) will be converted into the right to receive $21.75 per share of common stock, in cash. Following completion of the transaction, AVX will become a wholly owned subsidiary of Kyocera.

To learn more about the AVX investigation and your rights, go to: https://www.zlk.com/mna2/avx-corp-loss-form

Front Yard Residential Corporation (NYSE:RESI)
Merger Announcement: February 18, 2020
Transaction Details: Under the terms of the merger, Front Yard shareholders will receive $12.50 in cash per share.

To learn more about the RESI investigation and your rights, go to: https://www.zlk.com/mna2/yard-residential-corporation-loss-form

Legg Mason, Inc. (NYSE:LM)
Merger Announcement: February 18, 2020
Transaction Details: Under the terms of the merger, Legg Mason shareholders will receive $50.00 per share of common stock in an all-cash transaction.

To learn more about the LM investigation and your rights, go to: https://www.zlk.com/mna2/legg-mason-inc-loss-form

Levi & Korsinsky is a national firm with offices in New York, Connecticut, California, and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities lawsuits and have recovered hundreds of millions of dollars for aggrieved shareholders. For more information, please feel free to contact any of the attorneys listed below. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
jlevi@levikorsinsky.com
55 Broadway, 10th Floor
New York, NY 10006
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com

SOURCE: Levi & Korsinsky, LLP

ReleaseID: 578413

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