November 20, 2014 (Shareholders Foundation) - An investigation on behalf of investors, who currently hold shares of Oplink Communications, Inc (NASDAQ:OPLK), was announced concerning whether the takeover of Oplink Communications, Inc by Koch Industries, Inc for $24.25 per share is unfair to NASDAQ:OPLK stockholders.

The investigation by a law firm concerns whether certain officers and directors of Oplink Communications, Inc breached their fiduciary duties owed to NASDAQ:OPLK investors in connection with the proposed acquisition.

On November 19, 2014, Oplink Communications, Inc (NASDAQ:OPLK) and Koch Industries, Inc., announced that they have reached an agreement for Koch Optics, Inc., a wholly owned Koch Industries subsidiary, to acquire Oplink Communications, Inc (NASDAQ:OPLK) in an all-cash transaction for approximately $445 million. Under the terms of the agreement, Koch Optics will commence a tender offer and subsequent merger for all of the outstanding shares of Oplink Communications, Inc (NASDAQ:OPLK) common stock for $24.25 per share.

However, given that at least one analyst has set the high target price for NASDAQ:OPLK shares at $26.25 per share, the investigation concerns whether the offer is unfair to NASDAQ:OPLK stockholders. More specifically, the investigation concerns whether the Oplink Communications Board of Directors undertook an adequate sales process, adequately shopped the company before entering into the transaction, maximized shareholder value by negotiating the best price, and acted in the shareholders' best interests in connection with the proposed sale.

Oplink Communications, Inc (NASDAQ:OPLK) grew from $12.28 per share in June 2012 to as high as $20.95 per share in August 2013. Oplink Communications, Inc reported that its Total Revenue rose from $174.93 million for the 52 weeks period that ended on July 1, 2012 to $204.78 million for the 52 weeks period that ended on June 20, 2014.